The VAS runs roughly at 0.5 mA of collector current, which gives it a gain of around 450 V/V.
Incorrect. There is a 1.5k emitter resistor and ~ 22k load.
The VAS thus only offers 15V/V gain.
The capacitor at the emitter is shown as non-polar, I assume the "p" was dropped. Alternatively the symbol may be wrong and the capacitor is 330uF polarised, then the VAS Gain is indeed around 440.
Due to Miller effect, this would make the 15 pF cap look like 6.8 nF to the diff amp., depending on the output resistance of the diff amp will form a dominant pole with this cap.
Actually like 225pF. So slew rate with miller loop closed looks like 4.5V/uS and the low VAS Gain means modest input skewing may not saturate the the VAS.
JFETs have tiny transconductance so that is most likely why they decided not to degenerate the differential amplifier, a transconductance of 5 mA/V is probably as high as it gets for these transistors (without even knowing the part number it is hard to tell).
These are likely 2SK170 or 2SK369 or equivalent duals. So the Transconductance of the differtial Amp is probably around 15mA/V.
The current mirror is heavily degenerated, so we can consider it ideal, for a simple analysis.
am guessing the complete amp doesn't have an open-loop gain larger than 80dB.
Assuming 2SA970 for the VAS (another standard "Japan audio part"), the load for the input stage is likely around 400 * 1.5k or 600k, leading incidentally to a similar 80dB open loop gain estimation with around 18kHz -3dB Point.
If the questionable Cap on the VAS emitter is 330uF we instead get 100dB OLG (as the input impedance of the VAS is much lower) with 1.1kHz open loop bandwidth and similar gain at 20kHz as having 330pF.
Not a terrible design. The output stage runs class A and thus needs little feedback to linearise it.
The highly nonlinear BJT VAS is linearised with degeneration (local feedback) and seems actually compensated to give a slightly rising response before closing the miller loop (330p//1.5k on the emitter).
Almost all gain comes from the J-Fet and current mirror load, which in turn is heavily degenerated to make a very "ideal" mirror.
Thus NFB is closed around almost solely the pentode like trandlsfer curve of the J-Fet, producing very "tube Like" harmonics.
I would not be surprised if the circuit's sound would be described as "Tube like", which may have been the design goal.
Even in the "20dB more NFB"
Thor
PS, I tend towards 330pF as Teac/Tascam used to have a quite aggressive low TIM, low NFB Design Philosophy, which this would fit better, but both options are possible.