Very common spec for power amps.
The power supply is more heavily taxed when both channels are driven; less taxed when just one is in use. Hence the different power rtaings.
That I get... just a strange way of presenting those specs.
So, he has two options if I'm understanding this:
Each 8ohm cab out of each side of the amp, resulting in 1000 watts (500 watts per cab), or the two 8ohm cabs daisy chained out of one side of the amp running at 4ohms, resulting in 850 watts.
If I finally have that right, then the former option is better in every way (i.e., running each cab out of each side of the amp).