While I already answered this in another thread some of my comments weren't clear so I'll try again.
http://www.groupdiy.com/index.php?topic=21340&postdays=0&postorder=asc&start=15
As with any engineering decision there are pro's and con's.
PRO: The biggest benefit IMO is elimination of N+1 noise gain factor in the L/R summing bus. The noise gain not only multiplies the summing amps noise by the number of channels being combined, but attenuates the negative feedback's ability to reduce the summing amps open loop distortion and phase shift. This may be inconsequential for modest numbers of channels with high performance opamps, but for larger structures this can be a factor. With current sources the summing bus noise contribution is effectively 1x, and noise floor of the individual channels will combine as the SQ root of sum of squares (+3dB for every doubling of channels).
PRO#2: There are no longer headroom issues at post fader gain stage (typically fixed +10dB) and channel attenuation truly attenuates channel noise floor perhaps below the previous fixed gain stage (may vary with specific VCA or gain stage design).
PRO#3: If summing amp, which is no longer a concern for ultra low noise, is also made a VCA, it becomes capable of extremely high headroom performance. The proverbial un-clippable summing amp. If output builds up just trim it down. (Note: there may be a small noise consequence to scaling the VCA current capability for this but since this noise is now a 1x contribution not significant.)
PRO#4: Pan law and fader law are now voltage controlled so more design flexibility for pan/fader law using standard parts and perhaps grouping and/or automation.
PRO#5: Since signals are being sent and combined as currents rather voltages there is no no need to reference or deal with ground potential differences between channel send and master bus receiver.
CON: Cost/complexity (2 VCAs per input channel).
CON#2: does not support multiple assignments simultaneously as you could with voltage sources.
CON#3: Solo with true fader/pan information can not be extracted nondestructively. Perhaps use PFL (pre fader listen) or just live without that capability.
CON#4: VCA noise floor will be higher than simple line input, but << than mic preamp at nominal gains. So may look worse on spec sheet for stand alone line level mixer.
CON#5: Potential bus capacitance build up that may need to be adressed in summing amp stability compensation.
FWIW: Despite some attractive benefits I am not aware of this being done on any of the sundry VCA automation consoles, but that would be worth investigating. I have some experience with current source summing structures and there are a few quirks about dealing with them, but all manageable.
JR