Here are my test results. I use ARTA with an M-Audio Transit sound card, plus an external Leader LG120B for high frequency THD tests when the M-Audio is used in 96 kHz mode. Bias set for 40 mA/tube. Balance pots adjusted for minimum distortion. One channel driven.
Frequency response - flat to better than 0.25 db from 20hz to 20 kHz. This is usually stated +/-0.125 db.
Power output into 8 ohms (pure resistive load) with 120 V AC at 1% distortion - 38 watts at 1 kHz, falling to 30 watts at 30 Hz and 20 kHz. (At 20 kHz, I only measure 2nd harmonic distortion, but who really cares about harmonic components that only bats can hear?)
IMD - 19 khz and 20 kHz full power - 0.42%
THD at 1 watt - < 0.1%, rising slightly below 50 Hz and above 20 kHz
Square wave response - near perfect at 1 kHz and 10 kHz. This is fairly unusual for tube amps that I've tested.
Power transformer heat rise - 120 F in 70 F ambient after power on for 3 hrs.
I conclude that Roy Mottram's board extracts all of the performance I would expect to get from the output transformers. The board is very nicely made and even this point to point guy has to say "nice job"! And yes, the amp does sound excellent!
I can also attest that Roy and Bob Latino are good to deal with. I had some problems with my test set-up at first and they were helpful and patient.