Dracule1, feedback is a very good think if you know how to use it. It improves practically everything - reduces distortions (THD, IMD), lowers output impedance*, widens bandwidth. The only problem is that amplifier presents delay to signal. When you feed this delayed signal back to input stages it doesn't subtract properly - especially when signal is changing fast. It causes overshoot after transition since gain for tiny moment was higher (feedback was late = open). It is called TIM (Transient Intermodulation) This overshoot in time domain is equal to extra odd harmonics in frequency domain. Since odd harmonics carry loudness clues we're very sensitive to them and hear it as bright unpleasant sound. In extreme case when amplifier has very deep global feedback fast transitions might even choke output transistors that stay that way for a moment (charge trapped at the junction) resulting in tiny gaps that are inaudible since brain "fills the gaps" but makes us tired. It sounds unlikely but they designed SS amps like that in 70s before TIM was discovered.
Every amplifier has some form of feedback but it is better if it is local (around one stage) in few places than one global going from the back to front. Also sane designer would make amplifier as fast as possible to reduce delay and would limit bandwidth at the input. I would also be very careful with amount of feedback - tiny overshoot might become 10x higher with 20dB deeper feedback. Reducing harmonic distortions, by the feedback, below 0.1% might not be audible but brings risk of TIM. Also reduction in output impedance might not be necessarily a good thing if your speaker is already over-damped. Class AB amplifiers often have a lot of feedback to linearize output transistors and keep gain constant when both transistors are conducting (gm doubling).
Preamps most likely have stages with local feedbacks. Bandwidth is also easier to obtain with practically no gain and no power stage.
------------------------
* - Some time ago I made example of feedback reducing output impedance:
http://forum.audiogon.com/cgi-bin/fr.pl?aamps&1315855364&openflup&21&4
Every amplifier has some form of feedback but it is better if it is local (around one stage) in few places than one global going from the back to front. Also sane designer would make amplifier as fast as possible to reduce delay and would limit bandwidth at the input. I would also be very careful with amount of feedback - tiny overshoot might become 10x higher with 20dB deeper feedback. Reducing harmonic distortions, by the feedback, below 0.1% might not be audible but brings risk of TIM. Also reduction in output impedance might not be necessarily a good thing if your speaker is already over-damped. Class AB amplifiers often have a lot of feedback to linearize output transistors and keep gain constant when both transistors are conducting (gm doubling).
Preamps most likely have stages with local feedbacks. Bandwidth is also easier to obtain with practically no gain and no power stage.
------------------------
* - Some time ago I made example of feedback reducing output impedance:
http://forum.audiogon.com/cgi-bin/fr.pl?aamps&1315855364&openflup&21&4