AM3 SE vs balanced
I'll call this one early. To me they sound the same. I spent hours trying to track down any differences, and either my ears aren't sensitive enough, or there simply aren't any. Stage, imaging, and immersion had no difference – and that's probably where I expected to hear something (crosstalk). As far as tonality goes – I can't discern any difference at. A couple of times I've thought I had it nailed, only to discover I'd bumped the volume button, and when repeating the differences disappeared. The big difference for me is in power output (volume).
AM3 vs AM5
Again – with the P1, these two amp are so close they are almost identical. Staging, imaging and immersion have no real discernible difference, and there is no change in detailing. What I am getting is that the AM3 sounds ever so slightly more vivid (more present), with the AM5 being very slightly flatter. I really wish I could try this with the HD600 – as I think I would get a better sense of where the truth is. With the P1 – I'm favouring the AM3. I hate the term musical because it does a poor job of explaining anything – but that's what I'm reverting to because this module seems to be drawing a little more out of the music I listen to. One thing I will say – the changes are small, and again both modules sound very good indeed.
AM3 vs AM2
Similar to the comparison with the AM5 – except more noticeable. The AM2 is a little warmer, a little flatter, and a little relaxed in its presentation. The AM3 in comparison is cleaner, clearer, more vibrant, and to me more dynamic.
AM3 vs AM1
This is an interesting one because in terms of overall tonality the AM3 to me is a lot closer to the AM1. It has that same clean, and clear presentation. The difference is in the overall dynamics with the AM3 – it has more life, is more vivid, and there is a greater feel of dynamic contrast. Staging is once again very similar – but this time on pure imaging I'd give it to the AM3 by a small margin.