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As a reviewer, my experience with McIntosh was that I ...

As a reviewer, my experience with McIntosh was that I heard a coloration that I attributed to their Autoformer.

Yes, the sound was smooth... to the point of Euphonic. Colored. Is anyone really surprised?

Harry Pearson committed many sins (that is not to say that I have not), but one good thing he did do was to draw a line in the sand about accuracy to the Absolute Sound of unamplified live music in a real acoustical space.

McIntosh is the "gear" equivalent of a Cult of Personality, and I don't go for those, regardless whether the Cult is of Obama or of Trump.

As for why ARC is in Receivership, the Occam's Razor answer is:

A) ARC had a prime lender who had a Perfected First Security Interest in ALL of ARC's business property.

B) Said lender was unhappy (to the point of feeling "Insecure," which is a legal term) with (i) ARC's lack of profitability and resultant need for a Forebearance Agreement; and (ii) ARC's failing to comply with their demand that ARC bring in a Business Consultant.

C) Thereupon, said lender made more demands.

BTW, in such situations, the lender usually wants only a Business Consultant it approves of.

So, it seems that the people who are in a position to know the most about the inner workings of ARC decided that cooperating with their prime lender before it did something more drastic, was the least-bad option.

BTW, I think people might get a kick out of the comments thread on this coverage. [LINK]

jm



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