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Rewiring a Cab?

I want to embrace the full potential of my old Peavey Mark IV. This means, a 2 Ohms speaker cabinet is required for it to run at its full 320 watts.

I just want to be entirely sure I'm not having a major brain fart here so I'm posting this thread: A cab with four 8 Ohm speakers at 80 watts each, all wired in parallel, would have a total impedance of 2 Ohms at 320 watts, right?
 
I want to embrace the full potential of my old Peavey Mark IV. This means, a 2 Ohms speaker cabinet is required for it to run at its full 320 watts.

I just want to be entirely sure I'm not having a major brain fart here so I'm posting this thread: A cab with four 8 Ohm speakers at 80 watts each, all wired in parallel, would have a total impedance of 2 Ohms at 320 watts, right?
Yeah, but chances are your amp still puts out 200w at 8 ohms and it's enough to fart out those ''80w'' speakers anyway. So no real benefit but instead a better chance of destroying them.