I have colored your points of interest.
Consider a star ground topology. By design, a star ground layout is supposed to extend the same potential to different parts of a circuit. In practice, three physical entities can prevent this from occurring (two closely related, but I said three to bring the count up and make me look smarter than I actually am...
1. IR drop. If one tie to ground is carrying substantial current, there can be an IR drop which will impact the circuit.
2. Reactive "looseness". If one tie to ground is carrying substantial current at a high frequency, the inductive reactance on that wire will cause the potential at the non star end to be loosy-goosy..
3. Faraday's law of induction.
http://hyperphysics.phy-astr.gsu.edu/hbase/HFrame.html
(edit:darn, I hoped it'd go directly to faraday's law of induction...oh well..click E and M, then look for faraday's law of induction..)
Loosly stated, the voltage around a loop is proportional to the negative rate of change of the flux through the loop. The faster the rate of change, the higher the voltage around the loop. So in an environment which has a magnetic flux which is time varying, there will be a specific set of paths from a circuit point to the star ground which will all see the same amount of trapped flux, so can be equipotential. What are the chances that a designer will end up with such a condition? ZERO. (edit: What are my chances? 100%...why? cause I'm good looking
)
Now, extend this to a preamp and an amp. Both units tied to the wall ground via an IEC...(remember, we are in a thread discussing the validity of aftermarket power cords, they will all be three prong).
Now, connect the units with an interconnect or two..you have formed a ground loop.
How does one prevent magnetic flux from travelling through that loop and inducing a voltage?
How does one prevent the currents of the units from causing a flux field which is trapped by that loop??? Think power haversines.
How does one prevent the ground current from occurring? ( Remember, you are constrained in that a direct connection of a hot conductor to any metallic surface of the unit must be able to clear the service panel breaker in under two line cycles....code).
Once current is flowing, where does it go?
The path it takes, what is it affecting as a result of IR drop?
What is it affecting because of it's magnetic field?
Both in the source unit, and in the sink unit..
It also happens in balanced input systems...just google the pin 1 problem.
Bill Whitlock of Jensen transformer has some good stuff...but it is only a beginning.
http://www.jensen-transformers.com/an/an004.pdf
Note figure 3. He only speaks about the chassis as the source of the current...and neglects the loop formed by the leads. In general, a very good and very practical paper, regardless of the holes I see..
Cheers, John