From a technical standpoint, there are still differences between the two amps.
First, the LD has pre-amp outputs which I use to connect it to my active Tannoy monitors, for example. I leave the monitors connected. When I want to use the monitors instead of the headphones, I just turn on the Tannoy AC power from a power center I am using.
Second, the LD has adjustable gain ranges, instead of a fixed setting of 8, in the Valhalla. I use a gain setting of 4 because I use DACs that balance pro-level outputs into the unbalanced inputs of the LD using an adapter cable setup. This means that, since the tubes are operating in lower gain range, the tubes are less likely to pick up outside RF interference. I still have plenty of power for my headphones.
Third, the two amps used different driver tubes which will give a bit different sonic flavor. The Valhalla uses the 6DJ8 family of tubes which I am still using in my outstanding Melos pre-amp in a different setup. The LD uses the stock EF95 family of tubes and has jumpers that can be used to change families, for example, the EF91 and EF92. After experimenting with different tubes in my LD, I settled with the EF91 GEC which is also called a CV4014 tube. Both amps use the same power tubes. There you have it from a few technical points.
Edited by john57 - 8/4/11 at 2:59pm