The short term peak output power of an amp isn't limited by the power available from the wall, because the amp power supply capacitors store power. Large enough capacitors can store a hundred or even a thousand times the power available out of the wall, the catch is that they can only deliver that power for very short periods before being drained. Unfortunately a few milliseconds is all it takes to toast a voice coil.
Bill, I know my math is fuzzy and I'm ignoring all sorts of factors, but the idea of an amplifier delivering 10dB crests on top of its rated RMS output sounds pretty fishy to me. You can overbuild power supplies all you want, but until I see an amp with properly measured and published specs that can do crests greater than 6dB over RMS, I'm going to remain skeptical.