Hmm--I'm not sure which post you're referring to, but could it have been one where somebody was describing the scenario where somebody can send almost double the wattage into the cab (unawares) by driving their amp fully into clipping?
Also FWIW the volume knob doesn't regulate wattage.
Yeah, it's a bit more complicated than that.
As for the wattage doubling thing, my (elementary) understanding is that amps' ratings are usually how much power they put out "clean," that is to say, before they start distorting. That is, that's about how much power they can put out without noticeable distortion in the signal.
However, pretty much all amps are able to put out much more power than this after running out of clean headroom. Perhaps twice as much power as the ratings given. Normally, especially with solid state amps, people like to have clean headroom so that when peaks happen, they aren't too distorted, as the general consensus seems to be that when SS amps "clip," they don't sound very good. Hence why you see people with 1000 watt amplifiers and such. They're not using all 1000 watts all the time, they just want the sound to stay clean while still being loud.
With tube amps, a lot of people (including myself), run them into distortion levels pretty much all the time because many of us find a distorted tube amp sounds good to our ears.
But it's not the distortion from clipping that hurts speakers. It's putting more power into them than they can handle.
You're probably not going to blow a 500 watt speaker with a 5 watt amp no matter how hard you drive it into clipping.
I think how this underpowering myth probably got started was someone using an amp that was rated at less wattage than the speakers were rated at, but was still capable of putting out enough peak power to kill the speakers, or perhaps dialing in so much low end that overexcursion was a problem.
I'm probably mistaken about some of this, as most of my knowledge comes from reading Bill Fitzmaurice's posts, and JimmyM's translations of those posts into language an oaf like me can understand.