Thanks for addressing this with support. Please keep us updated on how this story continues.
Will do.
Would anyone else with a P5/P10 Rev 4 be able to confirm/rule out similar behavior using the following test scenario? It should only take a couple minutes max

Turn volume knob to max 100% and boot up the unit
- Gain staging/noise floor observed to be much hotter at all volume knob levels and distortion present when playing
notes, or by turning on the built-in A440 reference tone. Issues impact both the line and headphone outputs.
Turn volume knob down to below 50% (I generally set it at ~3-4 for my experiments to be sure) and power cycle the unit off and on again
- Gain staging returns to normal at all volume knob levels, noise floor is reduced, and distortion is not present in either
output when playing any notes or the A440 reference tone.
While still booted in a non-distorted state, turn the volume knob to max and hit the TUNE button
- Once the tuning process is complete, the noise floor will jump and the gain staging and distortion issues resurface.
If you happen to perform this test, could you please list whether you have a P5/P10, keyboard or module, and what firmware (both Main OS and Panel OS) you're currently running? I think this information may be quite valuable for bug and/or hardware issue hunting.
Thanks!!