Ok, since my last post was kind of a wild guess which made me feel uncomfortable - I sat down for some minutes and measured the Elmsley's frequency response.
Measurements
These preamp settings gave me a flat response to then measure the full amp:
Gain 1.0
Bass 5.0
Mids 6.6
Treble 0.0
Measurements with Depth 0.0, Presence 0.0, Bias 5.0 and NFC (Negative Feedback Control) as parameter:
View attachment 6815
We see a controlled flat response with NFC = 0.0 as expected from an amp with high negative feedback.
We see a strong impedance imprint with NFC =1.0 as expected from an amp with no negative feedback.
Context
From the release notes:
"The other new key feature of The Elmsley's power amp section is the Negative Feedback (NFB) parameter, where the amount of feedback within the power section's response can be dialed anywhere from wild and unhinged, tight and punchy, and anything in between. As with many amplifier designs, the presence and depth controls are part of this negative feedback circuit and functions to control the brilliance and resonance of the power amp, respectively. As the NFB param is reduced, the presence and depth controls' influences are also influenced, and they become effectively deactivated when the NFB knob is at zero. These interactions allow the player to create countless tonal variations to suit their needs.”
Result
This is puzzling. Depth / Presence are controls that partially reduce the negative feedback on certain frequencies - so according to my measurements and conclusions they shouldn't work with NFC at 1.0 - not at 0.0 as described in the release notes.
Or in other words: The NFC (NFB parameter) seems to have a bug - it looks flipped (1.0 should be 0.0 and 0.0 should be 1.0).