www.soundstageaustralia.com
Very interresting read. Thank you !
On the first glance it sounds like the Eclipse Stereo is an entirely new design inside, compared to the DM38, which it is certainly not.
If you read a little between the lines, you can see, that they left the PSU and output stage and also the mechanical layout pretty much untouched and only significantly upgraded the input stage section, by means of layout "topology" changes and thanks to newly available advanced semiconductor parts. Another significant change (and probably the most important one) seems to be in the area of protection circuitry, which can indeed have a big impact in real world, worst case setups.
The DM38 was technically something like one PSU of a DM88 + two powered down DM88 amplifier stages. I doubt, that it sounds any bit worse than two DM88 monos at moderate powers. It also measures better than it was specified (THD20k at 100W/4Ohms lower than 500ppb on my unit, which is likely not worse than a DM88 or the new Elcipse Stereo). From my experience, as any ultra low distortion amp the DM38 doesn't like to clip (hard) and it tends to be a little too cautiously protected, when exposed to very low impedance loads.
The DM38 was a jewel in Halcro's old product range (As probably the Eclipse Stereo also will be), which certainly suffered some bad marketing and a bad market start in the US due to a mess of an equipment report by John Atkinson of Stereophile of October 2004, which at least for myself (As a basically objectivist audiophile) read like a public execution.