Music First Audio was an early adopter of the transformer volume control, or TVC. I believe they use S&B transformers. Transformers use two coils around a core and offer isolation while autotransformers, or autoformers, use only one coil and do not isolate but do apparently have a few advantages when used as volume controls.
Autoformers allow for the same voltage/current transformations that typical transformers are used for and have increased power handling capability, flatter frequency response, lower insertion loss and lower distortion than conventional transformers of similar size and cost.
I do like the Apple remote functionality with the icOn 4PRO. I also like the large display that is so easy to see across the room. Functionally, it offers everything I want in a preamp, including an HT pass-through. I have not tried Music First or any of the other transformer VCs, so cannot make a comparison between autoformers and transformers in my system.