The tech for both high-end capacitors and transformers has evolved in 20 years. Perhaps BAT feels the ground has now shifted in favor of transformers. The break-in time and longevity concerns are also in favor of transformers. Line level transformers will simply never wear or fail, and all the horror stories like suddenly passing DC or "600 hours minimum for these to sound good" resides squarely with output caps.
Wiring quality has an solid effect on transformers, and there’s is exceptional purity wiring available today that wasn’t 20 years ago. Same with cores - amorphous materials, nano-crystalline, and even better lamination tech is more widely available today.
Using line transformers can also allow a reduction in tube count and active circuitry complexity (caps don’t provide the same benefit). The VAC Master and Statement preamps use Lundahl transformers for both inputs and outputs, and this allows them to only use a single pair of 6922 tubes. With concerns about tube availability, and dwindling populations of vintages greats (especially 6922 types), a reduced tube count is an asset.
Edit: @imhififan has an excellent point about ESR too. It takes very large (and expensive) output caps to drive a low impedance load without bass roll-off. The classic pattern of tube preamp into SS amp sometimes runs hard into this issue. The transformers facilitate a more "one size fits all" approach for the output stage without sacrificing additional real estate, budget elsewhere, or parts quality.