The person grinch is talking about is me, he asked me privately what I thought and I told him. I do happen to think that the AD797 Emmeline coupled with Sennheiser HD600s, HD580s (both Cardas'd) and the Grado SR225 is a significant step behind the Sugden Headmaster (with those headphones, and I am talking stock) basically for the same reasons others like the AD797/HR-2 so much. "Tube-like Solid State" is a misnomer to me, the correct words are "colored Solid State that adds too much bloom and mimicks what it can not." When opamps and transistors try to sound like valves I get annoyed by the lack of body and decay of a note and feel left with mushiness and a soundstage that sounds ill placed.
I personally prefer both the AD825 and OPA627 because it brings out what the Emmeline does best: groove in bass lines and a quick presentation. The AD797 in contrast sounds bogged down to me and is flavoring... the reason I think the Headmaster clearly beats the HR-2 and that opamp is because the Sugden doesn't try to sound like anything. Headmaster smoothes out the sound and is lightweight to both extremes (lack of PS capacitance and those electrolytics in the output stage were the culprits based on my experimentations with it) but it omits instead of trying. AD797/HR-2 is trying too hard to my ears with the headphones above. After I installed (my own) AD825s and OPA627s I enjoyed the Emmeline much more and feel it comes closer to the quality of sound, if a different presentation, to the Headmaster. I still lean towards the Sugden with the headphones listed above because its pleasing and relaxed presentation does well to two headphones I don't rank among the best I've heard, but the Emmeline isn't steps behind when the opamps are changed.
With the RS-1 I prefer the OPA627/HR-2 to the Sugden because its fast, PRaT based, and the two compliment each other so well my mind wondered if Ray had used it as his reference. I have no clue if he did or not but that was a combination my foot tapped wildly with. In case anyone cares I do rank the RS-1 above the HD600 and SR225 because when it feels like riding the groove it does so very well, I have not heard the two headphones I'd give 9+/10 (Sony R-10 and Grado HP-1) with the Emmeline. From my time with the R-10 (EAR HP4, modified Melos SHA-1) it is a picky bitch and can sound dramatically different bass-wise dependent on the amp, that it can love an amp/op-amp that the Sennheisers and lower/mid end Grados do not isn't surprising to me.
I don't post extended comments about products I'm not reviewing for this site on this site because its how I do things, I prefer to wait until my review is up to go into detail. I'm doing it now because this specific instance warrants it, but decline to say any more because this conversation makes my head hurt.
Blayde,
At your price range you owe it to yourself to add the Gilmore Dynamic (I have only heard the v1, ALPS'd and DACt'd) and if you can find one a higher end Melos (Gold or higher). Both do very well in waking the Sennheisers up in terms of attack and dynamics, if you're set on your current headphones those are the two in your price range that do best with them (to my ears with my system with the stars in alignment and blah blah blah blah blah).