I'm wondering if this thread should be moved in the "Humor" section. I got a good laugh out of some of the posts here!
I guess here's my tale regarding all of this:
When I was young and stupid my first amp was a 40 watt Crate combo with a single 10". Sounded surprisingly decent at low volumes, and as soon as you brought it up past halfway with anything but flat EQ, you could hear something wasn't sounding good. So, I just didn't turn it up that high. Never blew the speaker. Of course, it was next to useless in a rock band situation, so i traded it in for an old Peavey Combo 300.
Again, at low volumes, it was ok, at least for my needs and budget, and loud enough for jamming/gigging. But with me still being young and dumb, I liked to play with the bass knob a bit, and didn't listen for the warning signs. What happened next? Blown driver. Granted, I don't know how badly the driver could have been abused before I got ahold of it, but I finished the job for sure!
Moved up to a Fender 300C. Figured it was better built and could handle some extra lows. At low/medium volumes, fine. But I didn't learn my lesson and didn't adjust my EQ as I cranked it. You can only guess what happened after that.
Simple lesson for me. Always listen, and always be mindful of tone controls (and especially graphic EQ's!). They can greatly affect how much power is really going into your speaker. The master volume setting can be somewhat low/medium, but if everything else is jacked, you're still running a risk of overpowering.
And as an end note....once I realized "how" to listen for possible issues, and was more careful about EQ'ing, I have not blown a driver since.