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I've also had my eye on the ftdx1200 and was curious of the same.
My only other experience with an HF transceiver on AM was an Icom IC-735 and if you gamed the ALC via the ALC port on the back with a 9 volt battery and a potentiometer you could get it to swing forward on an AVG watt meter and sound pretty good.
I've heard that a lot of the newer rigs don't have the overly agressive ALC on AM problems that the older rigs had.
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