Mep- my experience with ARC is by no means recent. I owned an SP 3-a-1 back in the day and it was a revelation at the time. The only other preamps I remember were the Marantz 7c- a friend had one of those- the tubed McI- I think it was a C-22 and the original Levinson, which I never heard in a home. I also had an SP-10 for a long time, also glorious in a classic tube way, and a luscious phono section, but I remember going through hundreds of tubes to find ones that didn't sound microphonic. When the switch was made to the SP-11, it had that drier sound, compared to the SP-10. There was a time, i think it was circa late 70's, when ARC experimented with solid state- i think they called them 'Analog Modules' or something like that. As i remember, they were sealed units that plugged into a proprietary socket, and I don't think that detour lasted very long.
I've heard the most recent ARC line stage in a dealer's setting (it was a reference model, perhaps some anniversary designation), and it sounded impressive, but I was in no position to isolate the sound of the line stage from the rest of system. I haven't listened to c/j in years, although I'm aware that the top of the line preamps get rave reviews.