Who cares?
Transparent is the goal.
It is, but if the amp is not smooth that is an indication of distortion. Its hardly being transparent at that point.
This is only slightly off topic, but what sonic coloration does an autotransformer impose on a McIntosh power amplifier?
My understanding is that its there to reduce coloration since the amp makes less distortion because the autoformer loads the amp at a higher impedance than that of the speaker. All amps make greater distortion into lower impedances; conversely less distortion into higher impedances. This is a simple albeit expensive way of making the amp sound smoother and more relaxed and its doing it by reducing distortion.
Its relaxed character in the highs isn't a frequency response error- its that way because of less audible higher ordered harmonics. The ear uses the higher orders to sense sound pressure and so is keenly sensitive to them; it also assigns a tonality to all forms of distortion and the higher orders are assigned 'bright' and 'harsh'. So reducing them results in smoother sound.