Interesting design choices all around! I am intrigued by the modular design!
To me, reading all the specs, etc, the first thing I think is "business decisons".
That really is an excellent business decision to go full-modular. Now, they can make much fewer variety of parts and use the same parts on all amps in the line. That allows for leverage to produce higher volumes of parts, and you also only have to produce training materials for 1 generic setup, and makes the life of a repair tech easier too.
Now, the SMPS is an interesting choice, especially a regulated SMPS! G. Randy Sloan is rolling in his grave. His book demonstrates several reasons that SMPS is a poor choice, and several reasons that a regulated PS is a poor choice when building a power amp. Typically, you would use a regulated power supply in order to reduce the AC ripple from the PS......but, this really is not a problem for AMPLIFIERS at all. So it's solving a problem that isn't really a problem (not in a linear design at least).
However, we are seeing more manufacturers going to the SMPS every day! I'm certain that this technology has advanced considerably since he wrote his book. And, I'm certain that one day MOST of his arguments will become invalid due to better designs. But, are we there yet? I'm not convinced, yet.
Nonetheless, this is certainly an exciting and/or interesting paradigm shift that we are starting to see. Personally, I will stick to the tried and true class A or A/B with unregulated linear PS for critical 2 channel music. But, a HT setup where you may have to worry more about space for several channels, and the heat generated (a REAL concern in the deep south), then these Emo amps make a lot of sense, and at good prices!
All that being said.......does a GOOD SMPS cause an audible detriment to the sound (within the limits of the amp)? Almost certainly not. I have been using a Lepai with a wall wart and it sounds good within its limits, but I haven't been using it for critical listening other than to test it out on a couple speakers.
I'm curious is Emo is getting ready to release some class D amps? Those are a natural match to the SMPS design.
And.......whatever happened to the line of Tube Amps that Emo promised? Did those get thrown out with Bob Carver?
All things considered......I'm more interested in the new speakers and subs than the new amps!