I'm with you completely Todd,
The percentage terms baffle me too and relative RMS values between sources are far more meaningful to me. Yet I see percentage and matrix ratios stated here at TS so often that I've assumed it reflects some specific workflow terminology of a particular software package in common use here with which I'm not familar (Wavelab maybe?) instead of simply a way of expressing the relative amounts of each source by way of words on a disussion forum. Any idea if this is the case?
Conceptually, I tend to select a primary source as main contributor, then bring in the others enough to help reinforce the primary one without loosing focus. That typically means the primary source makes a significantly larger contribution to what is heard, and the secondary (and sometimes tertiatry) sources contribute much less so in relative terms. Sometimes after playing with things for a while, I'll try it the other way around and switch to using another source as the primary one to see if things work better, but the general process is the same- a clear staring role plus supporting actors. This also affects what I do to the souces if I'm doing more than simply mixing things together, affecting decisions on EQ, compression, stereo width, panning, etc. Keep in mind that my multiple sources are frequently multichannel surround files since that's my thing, so when mixing down to two channel I'll typically choose between one or two Left/Right pairs as the primary source, then bring up a center channel or SBD enough to help with missing detail, clarity and soundstage solidity, or to help reinforce vocals or some other under-represented instrument, and finally bring in a (usually) lesser amount of ambient room mics for depth, room ambience, bass quality, and crowd reaction. There is no way I could guess or and get it all balanced appropriately by some rote formula, even though I have a pretty good general idea of the relative contribution of each which typically seems to work.. in the rare situations when I actually get around to mixing it all down to stereo.
I only suggested peak normalization of both sources to an arbitraty safe working value of something like -6dbFS to get both of StarkCalm's sources up to a managable level where he could then make these kinds of choices. With the exception of avoiding clipping, I agree on RMS being more meaningful for most comparitive purposes.