Also, using potentiometers of half the value specified will reduce the noise figures. This noise exists in nearly all pots that have been unused for a period of time, including those fresh from the manufacturer. When a potentiometer has passed its useful life, this noise can be a result of a worn and dried out resistance element. But, long before this point has been reached, the potentiometer may appear to be beyond recall because of noise caused by high contact resistance. Incidentally, no lubricant or other material should be applied to any part of a potentiometer. To do so, will cause deterioration of internal parts.
And how about Conductive Polymer (Conductive Plastic) Potentiometers ?
They have excellent noise figures, please check out the conductive polymer potentiometers from Bourns® and Omeg® (as examples).
Bourns® Precision Potentiometers and Turns-Counting Dials:
Omeg® Potentiometers and Switches:
And a little off-topic, the Digital Chip solution from Dallas Semiconductor Maxim.
Dual, NV Audio Potentiometers Provide Low-Noise, Low Distortion Digital Volume Control:
Just throwing a few stones in the pond, and waiting to hear about the ripple

Regards,
Robert

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