Ok, this info is scattered across a bunch of threads, and I thought it would be a good idea to get it into a single thread and maybe the archive.
(Will try to give credit where due!)
By doing this mod you will increase the max spl by 12db or so.
SP offers this as a option or a service, but you can save a fair amount by doing this yourself.
Here is a pic of their mod (they use mini stereo plugs and Samson adaptors.)

Basically LeeGeddy's diagram below describes the options of doing this mod

There are a few options for powered Xformers.
Samson - These are the cheapest - Round $30 ea from Sound Professionals. (found em for $25, see link in parts section) Here is a pic of them from Hoyt:

AT8533x (Pic from Dano420) Bout $70 ea The 8533's are also available but they have a mini xlr instead of hard wired)

Here are the step by step pics with instructions following... credit to LeeGeddy
-undo the heat shrink on the stero mini and remove silicone and cut the wires.

Step 2:
-insert the mini xlr components as shown.
-pre-tin the 2 yellow conductors, the 2 red conductors and the shield

Step 3:
-solder the connections.
NOTE: on a separate note, when i shortened my AT853 cable from 25' to 6', i noted the pin assignments respect to the conductor colors.
Yellow > Pin 2 (+)
Red > Pin 3 (-)
Shield > Pin 1

Step 4:
-assemble the mini xlr connector by crimping the 4 holders to the cable.

Final Step:
-the finished modification. ready for phantom power module and phantom power from your preamp.

If using 8533x you will need 2 male and 4 female if you want to be able to switch between phantom and battery. If you are using 8533's you will need 2 male and 2 female.
An alternative to all the extra connectors required when using 8533x's is to use 5 pin mini xlr's like Dano420 did.
Sources for parts:
AT8533
http://www.soundprofessionals.com/cgi-bin/gold/category.cgi?category=560&item=AT8533&type=storeAT8533x
http://www.bhphotovideo.com/bnh/controller/home?O=productlist&A=details&Q=&sku=163118&is=REGSamson Adaptors PM4's
http://floridamusicco.com/proddetail.asp?prod=SPM4Mini XLR Female 3 pin
http://www.trewaudio.com/catalog/items/item669.htmMini XLR Male 3 pin
http://www.trewaudio.com/catalog/items/item670.htmMini XLR Female 5 pin
http://www.trewaudio.com/catalog/items/item673.htmMini XLR Male 5 pin
http://www.trewaudio.com/catalog/items/item674.htmEdit by BSkalinder: fixed image URLs (removed /yabbse)