For a number of years I used a preamp + 500 watt power amp driving a 4x10 cab as my only amp. ItTrue, but at some low level the arse drops out of a turned down big amp. It can be recovered somewhat with EQ. Try it.
Right. Tube amps are a different beast where they do change tone as volume changes.You may be right there. But... It is well known among audiophiles that are into vacuum tube amplifiers that said vacuum tube amplifiers sound warmest when operating at power. That's why there are 5 and 10 Watt vacuum tube hi-fi amps.