i did save ollie's explanation on my HD, just found it. quote:
"Theoretically this shouldn't pose a problem for a none center taped transformer, but in practice there is always the capacitive property; primary to core or the Faraday shield, then also the primary windings to secondary windings etc. These will become charged if 48V DC is applied and the transformer (standard tube input x-former and tube mic outputs have ratios from 1 to 10 and even higher) acts like a ignition coil creating approx. 1 to 2KV!! on the transformers secondary. Mic pres with no damping resistor like the V76 (input transformer has 1 to 30 ratio) can even create up to 3KV!!!! and this is enough for a millisecond energy burst that is powerful enough to burn microscopic holes into the insulation.
It is necessary to keep in mind that in the 1940/50 manufacturers only guaranteed the PVC coated magnet wire for approx. 24V AC, which is why every single layer was insolated with additional material like oilpaper, etc.
Therefore when you dump 48V into a input or output transformer you engage in a slow process of killing your historic transformer.
DC blocking capacitors do not help at all because the time required to charge the capacitive property is still too much, and every time the microphone gets disconnected while the phantom power is on, the entire energy of those caps is dumped charging the windings of the transformer and pre-magnetizes the core.
If you want to use phantom power then it is necessary to use a ramped 48V supply with a time constance of more than 5sec.
This will take care of the problem posed by this energy burst, simply by having a slower time constance than the capacitve property of the transformercan charge.
But still there is a slight chance that something will get burned in the process, as you are dealing with historic/vintage parts, that had a maximum shelf life of aprox. 25 years. "
so the problem obviously is the insulation properties of the xformer wire coating in conjunction with the high step-op ratio used with tube amp's. the SS amps in question were designed about 10 to 20 years later, after better insulation materials had become available, plus input xformer ratios for SS usually are no higher than about 1:3 or 1:4.