Stuartk,
The Audio Note line is quite efficient, but not like horns or other very efficient speakers. But, they are also easy to drive which makes them suitable for use with most low-powered tube amps. My local dealer frequently uses a 6 warr/channel Audio Note amp on the AN-E speakers. For the smaller models, he most often uses cheaper tube amps that put out 20-40 watts. The Audio Note speakers also tend to be quite full and satisfying at low volume levels so less power is needed. Because they are meant to be placed near the back wall, and in the corner (i.e., near the side walls as well), they do not deliver a great sense of depth to the stereo image, but the do image well side-to-side and can deliver good center fill. Audio Note speakers may not sound extremely detailed and “fast” but they are musically satisfying, lively and engaging when coupled to my favorite kind of amps (low-powered tube amps).