> The disadvantage to a big R to ground at the input is increased noise. I am not familiar with that preamp, but 10meg sounds really high. 1/10th the value would significantly lower the thermal noise contributed by this resistor.
The thermal noise of that resistor is shunted by the source impedance. Yes, open-input it is about 44 microvolts across the audio band. But connect it to a 10K source (or the center position of a 40K pot with low-Z at top and ground at bottom) and the 10Meg resistor's noise is 1,000 times lower (10M/10K). A 1Meg resistor has around 15uV audio noise, which is lower, but is only shunted 100 times by the 10K source, so it actually is noisier than the 10Meg resistor. (In fact noise is now dominated by the 10K source, about 1.4uV across the audio band.) Knowing that audio source impedances are rarely over 10K (except inside compact high-gain amplifiers), we see that external inputs or pot-sourced amps rarely need grid/gate resistors much over 100K-1Meg, but a higher resistor actually means (immeasurably) lower total noise.
Yes, guitar-pickups, phono-pickups, and hi-Z mike transformers are about the highest impedance sources we usually meet. But even phono-pickups, designed for just 4 feet of cable-loading, peak at around 20K-100K impedance at the top of the band (hence the standard 47K load). Guitar pickups are larger, typically drive more cable, and don't really want 15KHz bandwidth: 1,000pFd at 6KHz is 30K impedance; at 800Hz it might be 240K. Guitar pickups may tend to resonate somewhere in there, and we may not want to damp too much, but the many-K copper resistance also damps the coil resonance and I doubt impedance ever gets much over 100K, hence the popular 470K input resistor.
I have ignored current noise. (You did say thermal noise.) In a typical thermionic device, noise
current is low but not negligible in resistors higher than a Meg or so. Again this is reduced by practical source impedances so it hardly matters. (Anyway typical tubes can become thermally unstable with big grid resistors combined with small plate resistance and high supply voltage.) Most FETs have much lower current noise and it can usually be ignored. The one big audio exception is the condenser microphone capsule: a 30pFd source that is too weak to be shunted. We have to do things in condenser mikes that we would not do in any other audio stage.