Yeah, with high Vas woofers and compression horns you don't normally need any smiley face 'loudness' control, especially if driven with a high output impedance.
This implies either a poorly done XO or a crapped out one, but my memory says the Heathkits sounded a bit more tonally balanced than the Valencias or maybe we just convinced ourselves they were since we could buy them cheaper due to having a Heathkit store willing to 'deal'.
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