I think it's important to point out a flaw here. As much as I love the little extruded boxes sized for Neutrik XLRs, putting a phone jack on the box may introduce another issue. Assume that there's a non-trivial voltage difference between the instrument and the mic preamp. If this current flows in an unbalanced cable, i.e., instrument output to the input of this box, you've created the classic coupling mechanism (common-impedance coupling) that makes RCA interconnects so awful. That's why I recommend putting the resistors in my circuit in the TS plug handle, keeping shield currents out of an unbalanced cable shield. Granted, you've used the ring contact to provide a separate path for the signal reference (a good thing) but now you're depending on the common-mode rejection in the mic preamp to suppress it (and you've added loose-tolerance electrolytics to degrade that CMRR). On a related issue, I don't believe the capacitors are necessary as I explained in my post yesterday (Oct 20), where the instrument output stage sees only +7 V or under 1 mA worst-case. If coupling caps are included, because there's no ground reference for common-mode voltage, the instrument output will still see a rather long spike of 48 V when the XLR is plugged into a phantom powered mic pre. If you deem coupling caps necessary, I'd make them considerably larger to not only extend LF response and reduce phase distortion of bass. I'd suggest 47 µF to extend LF -3 dB point down to about 0.7 Hz. As has been previously explained in this forum, long signal chains using coupling capacitors chosen for -3 dB at even 10 Hz will affect timbre of things like kick drums adversely. Also, putting a jack on the adapter will allow (perhaps encourage) musicians to put unbalanced TS extension cords on the instrument output to reach the box, which will add common-impedance coupling to the problems (it's why RCA cables are so awful). Putting the adapter in a TS plug means the cable coming out of it is already balanced mic level and can be treated as a normal mic.