I owned a lot of peavey when I first started playing in the mid 80's.Ok, how do you know?
I started with a century 100 watt head, a Mk IV head. A 215 cab, a 410 and a TKO 65.
I eventually lusted after a 1516 cab and finally scraped the dough up for a new one.
It was compact, BW equipped and should have been a great stand alone cab. Bi- amped or full range, it just was terrible but since I dished out all the money, I wanted to believe it was good.
But I have fond memories of Peavey because around here, that's all there was back then.
My Mk IV did actually break down and it had to be serviced once but was an easy fix. To be fair, it did fall down a set of stairs.
I had one of their 6 channel PA's too.