So if my panamax's are grounded is it best just just use 3 to 2 prong adapters on everything plugged into the Panamax? Would that lower my noise floor? Is there any negatives to doing this?
The negatives are that you're defeating safety ground...it's called that for a reason.
But some audio makers, when using a 3prong plug, tie the signal ground to the chassis ground, in the equipment itself. I don't really understand how they get away with this, but they do.
because floating grounds are not desirable?
Why not just leave the signal ground on the neutral (like two prong plug components), and leave the ground conductor strictly for the chassis?
What if someone uses a cheater, lifts ground and reverses polarity, now you have 120V on your signal ground.
What doesn't make sense, is that both the neutral and third prong tie back to the exact same point in the service panel! So what have they gained, except doubling up their 'ground'?
Read up on electrical distribution systems for the answer.
All clueless about the issue of 3prong use in audio equipment.
EE's are clueless, it's you laymen who have all the smarts