What is the impedance of your speakers, not the average but the low points? I think that the taps on the 275 are 16, 8 and 4 ohms when used in stereo mode but 8, 4 and 2 ohms in monoblock mode. So, if you have speakers like mine that have a very low impedance at certain points the monoblocks might be the way to go. If your speakers do not dip down to 2 ohms or so, that's one less reason to go the monoblock route.
Give McIntosh a call and see what they think.