I feel like I already know the answer here, with the amp being all tube, but i'll ask anyway - Is it normal for the Amp to get very hot too the touch? i usually have the gain 3/4 up or more.
I don't believe the Ampeg head case is really designed to create much of a natural air flow to draw the heat away, so the V4B may get a bit hotter than some other tube amps.
How hot the amp gets can also vary significantly with how the tubes are biased. AFAIK they are biased fairl cold from the factory. If some one as warmed up the bias, the amp will get hotter.