To further elaborate on what Nikongod stated, in a true balanced source/amplifier/speaker combination, both the + and - speaker terminals are actively driven and there is no common ground shared between L & R channels of the headphone and amplifier nor is the ground shared within the amplifier. Much like 2 individual monobloc amplifiers driving a set of speakers.
Just by virtue of being a "balanced" system does not automatically result in stellar sound as one must also consider the ability of the phones (or speakers) to cleanly resolve the subtleties of complex harmonics and accuracy of phasing as well as the quality of the amplifier and upstream source and their ability to do the same.
Given the ability of the system to address the above factors, one could reasonably expect to hear improvements in accuracy of imaging, solidity of soundstage and improvement in the ability of the system to resolve complex musical detail.
Edited by HiFlight - 7/3/11 at 3:12pm