I have had my Graaf GM20 for about 3 years now. It was an upgrade (very substantial) from a Sonic Frontiers SFS80. I find the Graaf sound to be immediate, engaging, muiscal, fast, fluid - very typical of OTL and somewhat similar to midrange Atmas - only much better looking. Is the sound colored - probably, but what matters most to me in the amp is its ability to deliver music through my speakers. I focus more on purity issues upstream of the amp, which is why I use a passive Placette preamp also great and a good improvement over my previous passive ReferenceLine). The system drives extra-ordinarily inefficient Alon IVs with an input impedance around 3 ohms.
The challenge is that Tube amps in general and OTLs in particular need to drive speakers with relatively high input impedance, say 8 ohms or more. The Graaf manual specifically wants to see 8 or better. The dealer who sold me the Graaf (and also sold me the Alons years earlier) did not alert me to this issue. So, I listened in some ignorance for about a year and half, always with that nagging feeling of why my system did not sound as good as I thought/knew it should. Finally, an Audiogon TT seller alerted me to an autotransformer as a solution to this impedance problem. The autotransformer is a speaker fix and basically increases the input impedance of the speaker to match the needs (through a simple trial and listen type approach) of the amp. The autotransformer called a Zero, with a link from the Atma-sphere webpage, dramatically improved the sound coming out of the Alons and I suddenly had a system I am more than pleased with. The mids and bass became alive and bloomed. Wonderful.
Be aware though, that some early GM-20s had some build problems and I was one of the few unlucky ones to get a crappy build. After three trips to the repair shop - all warrantied - the unit runs flawlessly now (I was out the amp for something like 6 months over the first 2 years of onwership due to repairs for capaciters, tube socket, and one other item I cannot remember). Ahh, patience. When the opportunity presents itself, I will likely buy a second GM-20. Oh, the amp runs hot enough to fry an egg on top, but I use a stove for that.