I don't know where you are getting these numbers.
Here are the measurements where the Oppo BDP-105D is supplying volume control on its two sets of analog outs. My listening is at volume 33 on the Oppo (0 to 100 scale).
The measurements below show are at about 2.7 volts RMS.
View attachment 23820
I picked the lowest impedance measured my Sterephile as the worst case. Even then, RMS is 2 watts. Double that, and you have 4 watts.
Unless I am missing something, at this voume level you cannot get to 10 watts with the M2's.There is no way that the RX-A820 rated at 100WPC 20Hz to 20kHz is clipping but it has inferior sound quality (SBT in my and a friends estimation).
The case under test has the following connection paths:
BDP-105D -> XLR -> AT522NC -> M20's
BDP-105D -> RCA -> Yamaha RX-A820 (Pure Direct) -> M20's.
Although the Yamaha is in pure direct mode, it is still an is adding preamplification (volume control and all related circuitry) in addition to amplification. There is no way to eliminate this.
It is not entirely an amp comparisson but it is a comparission between the two connectivity choices with those speakers. The low power levels were chosen specifically to remove clipping from the equation.
IMO, regardless of the power and SNR's, there is reason to believe that separates, in this case, simply using a BDP-105D (or DAC with Volume control) can provide better sound quality. That does not mean that other AVRs and speakers may show no discernable difference. The possibility of an improvement exists and cannot always be quatified by googling specifications.
That is the case I am making that directly addresses the OP.
Amen.
- Rich