Sorry if this is a Noob Question. But how would you got about doing this? I guess the more expensive Pre amps have 48V switches for each Mic in but what about M-Audio stuff where it seems the 48V runs across both the Mic Pre's. That would fuck up say a SM 57 if you were running 48V through it 
For example, active monitors have a built-in power source while passive monitors need an external power source. Active pickups need a separate power source, while passive pickups don't. Being active means moving around a lot and doing a lot of stuff, while being passive means doing hardly anything at all 