Solude
Headphoneus Supremus
Oh that'll be a fun comparison. Can't wait!
On the M8 gain is gain, changed by the steps choice. Power is class A bias. No change in voltage output or power just when it switched from class A to AB.
Unregulated and Kingwa don't mix. It's a bias switch which is why the power only increases into lower impedances and not up top. Could be wrong but anything else seems odd.
Which is what I said
Kingwa on the other hand writes it as class A power which is bias limited.