So I did a little testing....
gain at 12, master at 2, bass 1, Treble 12 mid frequency set to any of the 5 setting and the mid range at 11>>>>
light touch playing the amp's limit light flashes and sometimes a farty sound from the speaker.
The Ampeg tone is there and its a shame that these other quirks are present because I really want this Amp but the quirks and the fact that the same wattage Mark Bass amp set at all eq at 12, gain at just about 3 and the volume at 4 is so much louder than with the Ampegs set as I stated above. its so loud it scary and I feel that I will never have to push the MB hard.....only thing is I'll probabbly have to pull the name plate off the Metal grill and spray paint the speaker...lol
I dialed in the same settings as stated above with the ultra low on, ultra high off, mid range control at #2 and no compression. I am using a passive Am Standard Jazz with stock Pups. Ive got a PF210 and a PF115 horns off.
I started with just the 210. Using my fingers, I was unable to get the peak light to come on even when digging in pretty good. I was reluctant to really slap the strings hard, but with a moderate slap... still no peak light. My only complaint was some vibration/rattling of the head.
Switching to the 115 was basically the same as the 210 except it seemed to take the lows a bit better. Still no peak.
With both cabs daisy chained together everything cleaned up a bit. Still no peak. I was more interested to see if was going to cut out. No problems.
I have not had this rig in a gig situation only playing in the basement and jamming with friends. This is why I bought it and I think it works great for what I need it for.
I did have one problem several months ago with the fault light coming on and the unit shutting down. After several attempts of turning it off and on I was still getting nothing except some clicking noises. I thought it was fried. After checking my connections I noticed one of my speaker cables was loose. I let it cool down for a good hour before trying it again and it fired up without a problem. It's been flawless since (knock on wood).
Also...
I downloaded a decibel meter app on my android as well to test the fan noise. With the head off, the room noise was around 37. The click of me turning the head on jumped the meter to 66. The fan turned on after a few seconds and the meter settled down to about 40 DB. I had my phone about about 1-2 feet in front of the head.