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Yes. But it also depends upon the efficiency of the speakers. I have a Yamaha integrated amp that has been running four floor stander speakers at 4 ohms (or lower) for over 25 years. And it is only an 115 watt amp. (It still works great, but it predates HDMI inputs). But it definitely puts me in the Yamaha fan club. On a side note, it survived two lightning power surges that killed two tuners. Remember that there are some very inefficient high end speaker that require 150+ watts to be happy.
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