Here's a quote from a discussion about Mac autotransformers:
The output autoformers have different windings in them so the 2,4 & 8 ohm taps are like 3 different amps that are optimized for speakers with the corresponding 2,4 & 8 ohm resistances. If you have a MC501 rated at 500 watts and you hook up a 4 ohm speaker to the 8 ohm tap you will get the expected 1000 watt output (maybe a little less). This could cause the amp to go into protection though, it is usually best to match the speakers to the correct tap.
http://www.audiokarma.org/forums/archive/index.php/t-71322.html
The output autoformers have different windings in them so the 2,4 & 8 ohm taps are like 3 different amps that are optimized for speakers with the corresponding 2,4 & 8 ohm resistances. If you have a MC501 rated at 500 watts and you hook up a 4 ohm speaker to the 8 ohm tap you will get the expected 1000 watt output (maybe a little less). This could cause the amp to go into protection though, it is usually best to match the speakers to the correct tap.
http://www.audiokarma.org/forums/archive/index.php/t-71322.html