Thanks for reply.
But I can't understand that the actual load test is meaningless to the actual amplifier stability test.
Is the benchmark 's opinion on the actual headphone load wrong?
Why don't you measure the amplifier with real headphone load instead of resistive load?
You can read this article.
https://benchmarkmedia.com/blogs/application_notes/12838141-headphone-amplifiers-part-1
I don't think sp200 provides true Balanced output.
It looks like there are only two amplifier modules.
Also, the power is not doubled while using Balanced output.