Vicks7, I own a Joule LA-150 MKII and CAT JL2 (also used CAT SL1 Ultimate, Lamm LL2, and Placette Active). While the Joule and CAT are better overall with all sorts of speakers, with the Merlins, the ARS is as good as it gets.
Dgarretson, I agree, it is not as good as it gets, and there are several excellent choices - CAT, Joule, Atmasphere, Ayre (SS) etc. But for $4,000, the fact that is is on the same playing field as some of the top separates is saying something. But your right, I'm not selling the CAT.
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