Vacuum-tube (or valve, depending upon which side of the pond you live on) technology spawned the Age of Electronics early in the 20th Century. Until the advent of solid-state electronics near mid-century, hollow-state devices were the only choice. But following the invention of the transistor (after their process fell to reasonable levels), within a couple of decades, the death of vacuum tubes was widely heralded. Yet here we are some five decades later, and hollow-state equipment is enjoying something of a comeback, especially in the music and high-end audio industries.
Many issues surround hollow-state audio:
These and other topics are covered in The State of Hollow State Audio.