Local feedback is a correction network for only a small segment of the circuitry whereas global feedback compares the signal at the output of the amp to the input of the amp and tries to correct accordingly. As such, there is less to monitor and less to subjectively correct in the local feedback design. On top of that, by taking care of each mess individually at a local level rather than trying to fix everything collectively at one time, less total feedback can be used and that amount is spread out amongst the various gain stages. In effect, local would be deemed "faster" and "less detrimental" overall. To my ears, this is both audible and desirable from a sonic standpoint.
The drawback here is that the output impedance of the amp will always be higher when using less or no feedback in the output stage. The output impedance being higher directly relates to a reduced damping factor. While some think that damping factor corresponds to how much control the amp has over the driver, that isn't really technically correct.
Damping factor corresponds to how much the speaker can modulate ( temporarily distort or even take control of ) the output of the amp. A higher damping factor means that this potential is reduced. While some would say that this equates to increased amplifier control, and it does in an indirect sort of way, the only thing that keeps the amplifier in control of the speaker is the ability for it to load more voltage and current into the driver than what the driver is generating in reflected EMF ( Electro-Motive Force or "voltage" ).
All drivers generate some amount of "electrical backlash" when a signal is applied to them, hence the term "reflected EMF". Larger drivers with more mass and motor structure and / or drivers that are making longer excursions generate more reflected EMF. That's why the theory goes that with big speakers, one needs a big amp. A big amp typically has more voltage and current potential than a smaller amp, so it theoretically should offer greater driver control too.
The thing with tube amps is that they typically have a very high rail voltage, which means more resistance to the reflected voltage from the amp. The only problem is that most tubed amps suffer from a lack of current capacity and have a higher output impedance. The lack of current can cause the output rails to sag, lowering the amount of voltage available to "ward off" or "fight back against" the reflected emf. On top of that, the higher output impedance makes the amp far more susceptable to having the output stage "modulated" by that same reflected emf. As mentioned above, the more excursion that a driver takes, the more reflected emf that you have to deal with. This is why many tubed amps sound "warm & rich" at low volumes but "loose & flabby" as spl & excursion are increased. As a side note, the more that the output stage of the amp is modulated by the reflected emf, the more likely distortion is to occur further up in the driver stages too. In amps with poor stereo separation, the one output stage can actually modulate the other channel of the amp, from beginning to end.
There are ways to play games with the output impedance on any given amp without introducing gobs of negative feedback though. The simplest and most common method is to use more outputs. Since the outputs are in parallel with each other, the output impedance of each device is reduced by a significant percentage each time another device is added to share the load. Only problem is, now you've got a ton of output devices, making it harder to get them all to work in unison at the same time.
In this type of situation, the poorer the matching of output devices, the more smearing of signal with a reduction in "blackness" between notes. Various types of distortion can climb too, so many amp designers will simply tack more negative feedback into the circuit to help keep things under control. In effect, one bad implimentation in the design requires more detrimental circuitry to cover it up. This is one of the main reasons why many people think that smaller amps sound better. They can have shorter signal paths, require less error correction and there aren't as many parts to worry about.
Another approach to lowering the output impedance of an amp is to lower the value of the emitter resistor. This increases the current flow through the output stage and develops more heat though. On top of that, if the output devices are running out of balance due to poor parts matching, the increased current will aggravate the situation and cause an early death. Like most things in life, free lunches are hard to come by and most everything requires some type of decision / design compromise.
As one can see, there is somewhat of a reason why we have the sonic differences that we do between no / low negative feedback amps and those that use quite a bit of it. Obviously, the best way to do this would be to build and impliment the best circuit that you could using all hand-matched parts of extremely high quality and then use feedback only as needed in very small quantities at the local level.
Wanna guess what the drawback is here ??? Cost and labor. This is why the amps that sound REALLY good tend to cost a LOT of money. While i'm NOT trying to justify the massive prices on some of this gear, you simply can't make a hand built and tuned component as cheaply as you can a mass produced component.
In terms of spaciousness of presentation, my experience is that low / no negative feedback amps ALWAYS sound more spacious. As mentioned above, feedback tends to slow down the response of the amp. That reduction in signal processing speed comes in to play when trying to reproduce the harmonic overtones of the original signal. The reduced harmonic overtones not only changes the timbre of the instruments, our ears use the time differences between the primary note and the harmonics to place the origin of each note within the soundstage. If we lose the harmonic structure of the note, we also lose spatial cues too.
One of the ways to get better bass out of any amp is to use an iron core transformer, a very short signal path and gobs of power supply reserve ( filter capacitance ). On amps that use output inductors, increasing the gauge of that inductor also allows it to pass more instantaneous current, giving it better bass slam. Having said that though, high frequency response can suffer, so you have to juggle the gauge vs desired bandwidth. This is why some amps are great for bass but less desirable for treble, etc... Many low / no feedback amps do not use an output inductor, which can be both beneficial in some areas and detrimental in others.
It has been my experience that amps that have all of these design attributes ( with a reasonably low output impedance ) all have pretty solid bass response. Lowering the cut-off frequency of the amp or DC coupling it is also a good thing in this regards, as the higher the cut-off frequency of the amp in the bass region, the less articulate the bass is due to ringing from the filters occuring.
Obviously, a lot of the above information is subjective at best and how much of it applies to any given amp or circuit depends on how that amp or circuit is designed, implimented and constructed. There are so many variables involved here that it could make your head spin. As such, i'm hoping that this has covered some of the basics of that area and will give you folks more to think about and digest. There is no "magic circuit" at this point in time, only design variations that each designer / manufacturer thinks is worth giving a chance. Sean
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