Sure, they're used a fair amount for low-Z resistive stuff. I have a bunch of old mu-metal shielded transformers for ribbon mic preamps that I've never actually used for anything. ;)
Win and Paul made a pretty cool low-noise front end for a ribbon mic in AOE3.
Cheers
Phil Hobbs
With a "feedbeside" network, i.e. you DC couple the DC and AC couple the AC.
Cheers
Phil Hobbs
Er... use a capacitor.
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