Thanks for that detail, Kirk.
The voltage level doesn't matter from a sound perspective, since it all is digital information. The voltage level only addresses what is sensed as a digital "one", as opposed to a digital "zero" (zero and one being the only choices with binary encoding). Thus the voltage level can be problematic with your gear (as in consumer gear expecting a 0.5v digital one might get fried or something if it instead gets a +10v digital one from an AES stream). But assuming the gear is reading the digital bits correctly, that AES vs spdif voltage level has no effect on the resulting sound.
The Rane note gets at the heart of things -- there is a standard for transmitting digital audio over either the spdif standard or AES standard. The voltages, impedences and connections are one thing (the hardware side if you will), then there is the software side -- the digital word that represents each of the 44,100 samples per second (or 96k or whatever). Each digital word has 16-24 bits of audio data (per channel), and then there are something like 8 other bits as part of the "subcode" information. You should be able to find these with a google search. I looked into them years ago and don't recall what they all are. One bit is for professional vs consumer (AES vs spdif), one bit is for pre-emphasis on or not, and there are others.
Assuming things are correctly configured, it shouldn't be an issue.
Patrick -- in testing it, I'd set the 680 to professional/AES or whatever it is. Then send it a signal from your V3 out of the AES2 output (I think it is the AES2, maybe it is the AES1). Choose the V3 AES output that is configurable internally via jumpers. Set the V3 to output a professional output on the AES2 out (or AES1, whichever it is) and send that to the 680. Then configure the jumpers on the V3 to output a consumer output on that AES output, and send the signal of the same material the using the same cable then same way to the 680 (without changing the pro vs consumer setting of the 680). This should give you the difference between the professional subcode output and the consumer subcode output.
And this should sound the exact same. Ultimately, I trust Grace to get it right (and am pretty sure I tested all this to be bit-perfect the same many years ago). I'm guessing you won't hear any difference this way.
I'd be curious if you tested it this way and didn't hear a difference, and then tested it a different way by changing the pro vs consumer status on the 680. If you are hearing a difference this latter way, I'd really like to know what is up with Tascam's handling of pro vs consumer (AES vs spdif). There shouldn't be a difference!!