Good question on the M-Stage. It definitely lacks treble. I find myself wanting to add it, but my Nano's EQ settings introduce major distortion - a major flaw in Apple's Nano products. I would like to add in an affordable, quality EQ to correct that. The O2 for example is crystal clear, allowing the K702 to breathe and shine with its natural brightness that I like. I'd hoped the M-Stage would just tame that brightness a little, but in fact it darkens it too much as to obscure some detail compared to the more precise and transparent O2. The O2 is a very transparent amp, just as the designer seemed to want. It is pure volume for the source, nothing more, it seems to me.
As for tonality and timbre, it's hard to say, because the simple lack of treble on the M-Stage may be the only factor obscuring clarity and detail, which would be solved if treble was returned. The O2, in comparison, is crystal clear and sounds and effects can be heard on it that are not nearly as distinguishable, or at all distinguishable, on the M-Stage. In addition, and this is a big one, the sustain on the O2 is much better. Because of the darkened sound quality on the M-Stage, the sustain on effects and chords die quicker.
The problem with the O2, to me, at least with the K702 is that it indeed is stripped of tonal colors I guess one could say. What I mean, is I compare it to my old Grace 901, (although of course it is nowhere near in remotely the same category). The Grace had a way of making music sound non-musical. It was as if I had laid the song on an operating table, and separated it with a scalpel into all its component parts, and then spaced them out apart from each other. It was an ideal sound engineering piece - after all, it was designed for that - but it was not enjoyable to listen to music with it.
The O2 in any case, is similar to the Grace to my ears in that it seems to strip the color and warmth from the music. The M-Stage may be dark and not as detailed, sadly, but when you're listening to it you find yourself really enjoying the music as a whole piece. It is warm, full sounding, "musical." These are the same words I use to describe tube amps for example. The O2, to me, instead strips a lot of that warmth and life out of the song. So it sounds perfect, but lifeless. Again, I would call it a poor guy's engineering amp. Or, the best amp around for the price for those that prefer that sound, or have headphones that would do well with that kind of detail and "coldness."
(When I get my ER-4 back from Etymotic's repair service, if I still have the O2 I am jumping with anticipation to do a test with it, as I think those are headphones that would still sound great with the O2's sound quality style. The ER-4 sounds extremely great with my little BSG amp, and I think the O2 will be like a deluxe BSG, a portable SS amp of tremendous quality and clarity. Those Etys will rock, I'm sure).
I hope that this makes some sense.
Edited by Kouzelna - 2/3/12 at 12:19am