Z is impedence.. for maximum power transfer you want the input impedence to match the output impedence in a circuit. To avoid loading, most devices have a high input impedence and a low output impedence. Microphones usually have an output impedence around 220 Ohms (low), and guitars and outboard gear normally have an output impedence of about 20,000 to 50,000 Ohms (hi). Hi Z is for a guitar, low Z is for a microphone. A DI (Direct Box) is simply a transformer which takes in a Hi impedence and puts out a Low impedence to match the mic pre's input impedence. The quality of the transformer used is critical for recording bass. Rail