For Bill, first of all I was not upset with your comments. I think Charles summed it up nicely. I left here a while ago because of the misinformation I kept seeing over and over again and how audiophiles were being influenced by it. Again, I come back every once in while because of something interesting I see. Your mentioning the Music Reference RM-10 was just that, as you rarely see that amp mentioned at all, let alone a discussion like this. A true injustice to the amp in my opinion and I owned one long before I started working with Roger Modjeski, the amps designer.
As I read over my last post it dawned on me that I could add a bit more to it to make it clearer. Again, Ralph's comment on SET power is not being disputed. It's true and something I have seen occur on test equipment in Jack Elliano's (Electra-Print) shop. It's not easy to get around the cold hard facts of how SET amps typically behave. Quite frankly some people like the distortion, it gives them the warm and fuzzies, and that's great. Until you know what to listen for, and when those nasty harmonics start to rear their ugly heads, as they will eventually as the power rises, then you should not find things so pleasant.
Jack Elliano developed a set of output transformers that allows two series triodes (in this case an EL-45) to provide about 12 watts of power.
He also designed a summing loop that tapered off the rise in the distortion (IMD), which in no NFB SET amps happens pretty quickly after the first watt or two (when power to handle peaks in music is generally needed). So for this circuit IMD is less than 1.5% up to 3 watts (25% of full power). It will rise to 10% at about 7 watts (still extremely clean at greater than 50% of full power). The distortion finally causes the amp to clip at 12 watts (full power). That's why such a design (which we used in 45 and 300B designs as well) can push a 6 ohm speaker like Fritz's Carbon 7's to bliss, or as Charles noted those 4 ohm Hornings.
In a typical circuit without such a summing loop IMD distortion will rise to nearly 30% at 7 watts, and at this level you anyone should be able hear it (although the rise up to that point could be challenging). The first few watts will be fine for the most part (the 20 - 25% of full power Ralph alludes to), but the amp will turn out the nasties quickly after that. However, that's not to say such an amp can't be enjoyable in a given room with a given set of speakers at low listening levels, as I've heard it happen. On the other hand in the A/B testing of these two circuits I could hear the distortion as we cranked it up past 80 dB (on 94 dB 8 ohm speakers). You learn where your limits are pretty quickly.
There are a lot of nice folks here still, but I really would be doing myself a disservice if I hang around. That could change but for now life beckons and I'm knee deep enjoying life in my new surroundings in the Bay Area while still fiddling around with my system when time permits. I hope I answered your question Bill, take care everyone.