@LBPete, I'm sure it was mostly an issue of cost reduction. But then I consider that all the other Japanese HiFi majors phased them out about the same time across the board, and have to think that the supplier (Alps was the primary manufacture of these switches, though SMK may have been a second source) may have informed all major users that these were going EOL. Obviously, some advance notice would be needed so that designs of upcoming product lines could account for no longer having lever switches to use. After all, these switches were ubiquitous for the entire decade of the 70's.
There is also no doubt these lever switches were more costly, having full metal bodies, and more requisite pieces involved in their assembly. Compare these to the standard issue push switches which largely replaced them. These had plastic and phenolic bodies,, and were also more flexible in terms of the number of poles, as well as being configurable as either a single function, or a bank of mechanically ganged switches were only one could be selected at a given time exclusive of all others. This probably gave manufacturers of audio gear a bit more design flexibility, and used up less panel real estate than a bunch of levers.
Even though "bean counting" for cost reduction had been taking place since about 1973, the loss of levers was a very noticeable step down in overall build quality, at least in my opinion. That it happened more or less industry wide at the same time serves to further accentuate the cessation of their use.
There is also no doubt these lever switches were more costly, having full metal bodies, and more requisite pieces involved in their assembly. Compare these to the standard issue push switches which largely replaced them. These had plastic and phenolic bodies,, and were also more flexible in terms of the number of poles, as well as being configurable as either a single function, or a bank of mechanically ganged switches were only one could be selected at a given time exclusive of all others. This probably gave manufacturers of audio gear a bit more design flexibility, and used up less panel real estate than a bunch of levers.
Even though "bean counting" for cost reduction had been taking place since about 1973, the loss of levers was a very noticeable step down in overall build quality, at least in my opinion. That it happened more or less industry wide at the same time serves to further accentuate the cessation of their use.