Here is an interesting read from official Audio-GD NFB-28 page about volume control:
The I/V conversion volume control without sound degradation
I am not saying it's not true, it might very well be. I just don't know what to believe any more. Lots of contradictions here at head-fi, enough to possibly question everything and anything [and things are questioned here on a daily basis]
Not aimed at you, just in general. Thanks for that link