There's not really any way to provide a rule of thumb for master volume position that will guarantee safe operation with a particular speaker cabinet. There's too many variables like the bass you're using, playing style, EQ settings, etc... I think it's important for bass players to know what speaker distortion sounds like, and what cooking voice coil smells like (pungent odor...kind of like the exhaust smell from a car with a bad catalytic converter).
Not necessarily looking for a master position, just want to know anything else I could do (besides listening and smelling) to prevent an accident. I mean, I don't want the master to be set at 2 out of 10 and the cab blow up.
I really like Eminence, and I use their speakers sometimes, however, I don't believe that the 3012LF is a 450W speaker. It's probably more like a 250W speaker when used for bass guitar. I think Eminence tends to exaggerate the specs on the speaker components they market to the public. If I called up Eminence and asked for a sample of the 3012LF, the specs that they would send me would most likely be different than the ones they publish for you.
Wow, those are some strong claims. Especially when many users have been using single woofer fEARful cabs for years now with big amps. Also some great designers (greenboy, duke) have confirmed that the wattage specs are solid.
I did push 800 watt amps thru 3012F and 3015LF cabs (basically to clipping), but 1500 burst is something different.