OK, I got the final answer courtesy of McIntosh technical support (and their patience and courtesy in answering all my questions).
Short version: what I had in mind will not work.
Long version:
I wanted to use one +12V trigger for amp power on/off (that's the tip of the stereo jack on the MC257 ZA port) and
another +12V trigger for lights on/off (on the ring of the stereo jack).
That won't work because the light control is
NOT a trigger. Putting +12V there is a
BAD idea.
Instead, whenever the tip if +5~12V triggered, then the state of the ring will dictate the state of the VU Meters lights.
- Open circuit => lights on
- Ring connected to GND => lights off
That explains why a stereo cable on the P7 mono trigger was powering up the amp (tip has the +12V trigger) but
keeping the lights permanently off (ring & ground connected on a mono jack).
If I use a stereo cable and cut the wire conducting the right channel signal then Ring would be an open circuit and
the lights would be permanently on.
When power trigger is in use, the front light button on the amp is becoming automatically overridden.
So the next option would be to add a manual switch on the stereo 2.5mm <=> 3.5mm cable to set right/ring to GND or open circuit... but that requires me to get up and do it while the whole idea was to be able to do this with a remote control.
At least I learned something today
If only McIntosh were to release a pure analog 7.1 preamp w/ phono to upgrade my Pararound P7, their trigger would be compatible.
But the most recent one was the 5.1 MC45 and that was .... 15 years ago!
Thanks everyone here for the hints and directions.
Julien