Audio Research M100 Thumping

I just picked up a pair of ARC M100 mono blocks. When I turn them on, all is good. They operate fine for about 15-20 minutes, then the output cuts on one, and it begins a three-beat thump which sounds like a loud heartbeat. This occurs even if the volume is all the way down on the preamp. It also bleeds over to the other channel, but if I pull the speaker wires from the offending channel, the other channel is clear.

Ideas? Should I simply try replacing some of the output 6550s?

Thanks,

Brian.