I understand if you would rather not do so in a public forum, but it would be great to hear your engineer’s perspective on the Spatial Raven and the Backert Labs Rhumba, and how the MP3 differs from these designs (or provide some links if you have already discussed this).
@srama There are two main differences. The first you already know about- the MP-1 and MP-3 employ a balanced direct-coupled tube output, which allows it to be very transparent. Usually in most preamps the output coupling cap defines the low frequency cutoff and also causes the output impedance to increase as the frequency goes down. When you direct-couple, the low frequency cutoff is defined by coupling caps prior to the output and so are much smaller in value (typically by 2 orders of magnitude) which allows them to be more transparent and the output impedance with respect to frequency is a ruler flat line across the audio band, something you can't do with coupling caps and very hard to do with output transformers.
To my understanding the Spatial uses an output transformer. Personally I think if you can eliminate the transformer the circuit will be lower distortion and wider bandwidth. Transformers unavoidably introduce distortion due to the hysteresis loop that is always present (although minimized in good designs).
As best I can make out, the other difference is that in addition to being fully balanced, the MP-1 and MP-3 are also fully differential. This allows a lower parts count, lower noise (in theory up to 6dB per stage of gain) and lower distortion although the distortion difference as opposed to a non-differential balanced circuit is fairly small.
Not having heard the Spatial or Rhumba I can’t comment on the sound (which by all accounts is excellent), but what I would expect (as this has played out in other comparisons over the last 35 years) is the use of the direct coupled output is immediately obvious in terms of transparency and bandwidth (the latter best heard in the bass region- the deeper your speakers go, the more obvious this becomes).
Not having an output transformer also means the preamp is less critical of the interconnect cable used between it and the amplifier. Transformers are inductors and cables have capacitance, put the two together and there will be a resonance at some (usually ultrasonic) frequency. Not having the numbers available (such as the inductance of the transformer presented to the cable) its hard to know what frequency, but I noticed that the designer recommends avoiding higher capacitance interconnect, so I’m sure he’s aware of this issue.