Re: 2 phase
Hey PLT -
Great question, with a possibly MUCH more intriguing set of applicable information than just "early historical installations," like most of Chicago was originally wired early 1900's or so. In fact, until more recent power supplies and technology problems, it really was considered an interesting, though unlikely to be used again, possibility.
What you may well be considering is currently already being done, safely, though "outside" of official recognition by the NEC, since it addresses only niche markets. This is a "balanced" 120V AC system, and is the PREFERRED power for ANY space intended for the specific application of sound or audio recording and performance. The reasons for this are, of course, solidly grounded in physics, but it is fairly simple to understand based on what you likely already know, and can find out more by a simple Google search, but ADD the words "sound audio noise" to your "two phase balanced power" search. You'll likely find many sound specialists and studio links, including the famous Zoo Studio in California, who have installed balanced power circuits to their audio facility.
Basically, it eliminates "hum" right at the source, the power supply & EM/RFI filters prior to amplification circuits. I believe the idea is to provide 60V out-of-phase to the two current-carrying ungrounded conductors. Yes, all two-pole breakers must be used, as there is no neutral. I visualize it as similar to wiring something like a hot water heater at 240V from a typical single phase panel; i.e. two "hots" and a safety ground, to provide 240V via two out-of-phase 120V legs - except now you're doing it for a final 120V.
It completely meets the "spirit" of the NEC, and really does result in a nearly hum-free zone for audio equipment.
*This is NOT the same as lifting the ground for a split-phase AC system with all the monitoring and potential for chassis-short shock hazards and GFCI requirements that then must be applied.
Keep a good bookmark-library of links to others who have done it, and when the need arises, you'll have the tools and the contacts to educate clients (and inspectors...), as well as ensure a safe installation!
Good Luck
!