PTS, think of a cascading chain:
Bass-preamp-power amp-speaker(s)
In your cureent setup, the bass pickups generate a small voltage that goes up the cable to your GK head.
The end of the GK head with the input jack and all of the gain/tone controls/filter switches, etc. actually IS the preamp. It takes the small voltage from your bass, adds tone control, effects, etc., then hands it off to the power amp section of your GK head, which then sends AC current down the speaker wires to your cab. In any bass head, you actually have a preamp section and a power amp section, combined in the one box.
The ALEMBIC preamp originally was an outgrowth of a mod that ALEMBIC did to amps for the Bay Area bands back in the Summer of Love: Take their Fender amps, make an output at the end of the preamp section (skipping the power section) and using it to drive outboard (read bigger and more hifi) amps (typically MacIntosh or Crown) for more and better sound. They eventually revised the design, and built it into the separate, two space rack box, and voila, the F2B was born. It's basically a stereo version of a Fender front end to drive both channels coming from the Series Basses, which have stereo output.
Hooked up to a typical stereo power amp and cabinets for each channel, and you were off to the races.
More than anything else, the big difference is TONE. The F2B is one of the classic distillations of tube tone, and time-honored and revered classic. It would just sound DIFFERENT than your GK. I suppose you may be able to use it through an effects loop, but it possible you would plug your bass into the F2B and plug the F2B's output into a 'Power Amp In' jack if your particular GK is so equipped. In which case it would sound a LOT different. Whether it's a sound for you or not is up to your ears.
On the other hand, once you had it, you could also pick up a power amp (lots of our friends here swear by QSC) with it's own crossover (or buy an F1X, basically a mono F2B with its own crossover built in) and drive your 118 on the low pass, the 410 on the high. You'd then have one of the highest tone and performance bass rigs possible, and then wonder who's gonna buy this old GK head !
J o e y