Power supplies in a separate chassis

Quick question about physical layout options in a preamp + power amp setup:

If using 2 chassis, would it be beneficial to arrange the setup so that one chassis would contain all power supplies, and the other everything else (input devices and the amps)? The traditional way would be to have the preamp and power amp in their respective chassis containing their own power supplies.

My assumption and understanding is that by isolating the transformers and power supplies to their own chassis, possible hum and noise issues could be prevented. Is this the correct way to think about this?