Sean,
Most of the such recievers are built on OP-Amps that by definition have humangous gain and thus need huge neg. feedback to correct distortions. Most of these chips(used in consumer audio products) are produced in China and do have terrible characteristics far different from catalogue specified. A feedback at the same time can't be infinite and should be carefully selected so such unit will not go to oscillations...
By definition it's far more easier to produce a transistor with clean and linear characteristics(or tube) than OP-amp. A good OP-amp has much larger tolerance in its IO characteristics than a good transistor(or tube) by all logical terms but designing and building an audio component is much simplier and faster and so cheaper using OP-Amps, however there are many successfull audio-components in today's high resolution audio equipment built on OP-Amps: compact phonostages such as NAD PP1, Michell ISO by Tom Evans; preamps such as McCormack RLD, McCormack Micro Line Drive; poweramps such as Audio Research D series have input and driving circuitries using OP-Amps.
Gregm,
To understand measurements that everyone HEARS you should know ALL electronic parameters of at least audio amplification equipment. Challenge yourself and many secrets will be uncovered for you...