Onemug and Atmasphere are right on. The impedance is indeed low (2.1 Ohms for the latest generation) and is constant thanks to the autotransformer. This allows the transistors to remain in the most linear part of the operation region so that distortion is reduced.
The distortion contributed by transistors when presented with a highly nonlinear complex impedance (eg, a speaker) is roughly 2 orders of magnitude higher than the distortion contributed by a bilar-wound split-winding autotransformer with tight coupling. Add to that a musical signal, which is itself highly complex, and the difference only gets larger.
The only real pitfall, other than the complicated and expensive manufacturing involved, is bandwidth. You have to make sure the autotransformers have a larger bandwidth than the output stage so as to prevent any undue high frequency roll off. However, this can be overcome with excellent coupling between the windings - which is what led McIntosh to develop their "unity-coupled" implementation back in the 1950s which they still use today. Look at Bode plots of the latest amplifiers and you will see they have superlative bandwidth despite the Autoformers, higher even than many direct-coupled designs.
So yes, from a technical standpoint, McIntosh is doing the right thing if you can afford the cost and handle the weight - which in hifi are obviously non-issues.
As far as the sound of Autoformer versus direct, I agree the Autoformer amps do seem "smoother" but at this point, I think it is actually that the direct ones are "grainier." It is a two way street. I used to have a MC7200, MC7100, and MA6500 which are direct, as well as a MC2125 and MC202 which have Autoformers. Which is better really depends on the quality of the speakers' tweeters. The higher the quality tweeters you have, the more obvious the benefits of Autoformers become. As for bass, I found the MC202 to have the finest bass of all the ones I've owned.
Arthur
The distortion contributed by transistors when presented with a highly nonlinear complex impedance (eg, a speaker) is roughly 2 orders of magnitude higher than the distortion contributed by a bilar-wound split-winding autotransformer with tight coupling. Add to that a musical signal, which is itself highly complex, and the difference only gets larger.
The only real pitfall, other than the complicated and expensive manufacturing involved, is bandwidth. You have to make sure the autotransformers have a larger bandwidth than the output stage so as to prevent any undue high frequency roll off. However, this can be overcome with excellent coupling between the windings - which is what led McIntosh to develop their "unity-coupled" implementation back in the 1950s which they still use today. Look at Bode plots of the latest amplifiers and you will see they have superlative bandwidth despite the Autoformers, higher even than many direct-coupled designs.
So yes, from a technical standpoint, McIntosh is doing the right thing if you can afford the cost and handle the weight - which in hifi are obviously non-issues.
As far as the sound of Autoformer versus direct, I agree the Autoformer amps do seem "smoother" but at this point, I think it is actually that the direct ones are "grainier." It is a two way street. I used to have a MC7200, MC7100, and MA6500 which are direct, as well as a MC2125 and MC202 which have Autoformers. Which is better really depends on the quality of the speakers' tweeters. The higher the quality tweeters you have, the more obvious the benefits of Autoformers become. As for bass, I found the MC202 to have the finest bass of all the ones I've owned.
Arthur