I'm not sure I've ever seen any transformer coupled amp show damping over 100 into 8 ohm. I'm also not convinced that the drawbacks of feedback are so bad it should be completely avoided. I feel like thats a knee jerk reaction like many people have about guns. It's just a tool to be used.The thing about feedback is there are more variables than the formula taught in school! You have to deal with RFI being injected into the amp via the speaker cables (and most designs don't...) and the amp has to have sufficient phase margins prior to application of the feedback... here is a great article about how to apply feedback properly:
http://www.normankoren.com/Audio/FeedbackFidelity.html
Since feedback is rarely applied with this sort of care, its incorrect to say that eschewing it is a 'knee jerk' reaction. Its misapplication is audible!
With regards to speakers, there is never a need for 100:1 (or more) damping; almost any speaker made is overdamped with a damping factor that high. Here is another great article that despite its age has stood the test of time, written by the head engineer of Electro Voice:
http://www.dissident-audio.com/Loudspeakers/CriticalLSDamping.pdf
Note that at the time of this article, there were speakers that needed far less damping than even 5:1, and there are still speakers around today that barely need that or even less (as an example, Nelson Pass demonstrated a small yet very impressive open baffle speaker at RMAF about 10 years ago that was driven by a current source amplifier, so the damping factor in that system was less than 1:10 and you did read 1:10 correctly, yet it played bass quite well).
It was Electro Voice and MacIntosh that led the way in championing the idea that the amplifier should be a voltage source and the speaker voltage-driven, back in the late 1950s and into the 1960s. But the simple fact is that this model simply did not and does not encompass all speakers and speaker technologies (any speaker that does not employ a cabinet would be an example, as well as many speakers that do have cabinets..). In addition, all amplifiers that are capable of acting as a voltage source are push-pull, and such amps (with rare exception) have distortion characteristics wherein the distortion actually **increases** below a certain minimum power level, typically about 5-7% of full power. So if you use a speaker that is too efficient for the amp, you will not be getting the best sound out of it.
The voltage model is intended to eliminate equipment matching issues, and if you are only interested in box store mid fi, none of this is a problem. But in high end audio there is quite a bit of diversity such as planar speakers, horns, full range devices as well as more conventional designs, SETs, OTLs, class A, class D, etc. because everyone is approaching the goal of electronics sounding like real music in a different way. So if you apply a generalization such as 'all amps should be voltage sources' right away it is belied by very notable exceptions!
The bottom line is that equipment matching is still very much with us and won't be going away anytime soon.

