agedhorse pointed out different facts.
Measurements will tell the truth.
No, what he said was:
The diodes are at 0 volts DC, and there's quite a bit of local feedback in the first stage, the second stage is the phase splitter, and the third section is a cathode follower driving the grids (no voltage gain) with some bias coordination.
I do not think there's enough gain for the output stage to be driven into clipping before the diodes begin to conduct, their conduction slope (compression/limiting/distortion) along with the natural clipping of the output stage when pushed harder, will most likely result in a good part of the overdriven sound of this amp.
Sometimes there's more to a circuit than meets the eye, and in this case I think I know WHY they are there and WHY they improve things for the intended market, but since I didn't design the amp, it would be pure speculation on my part. The guys who originally designed the SVT platform are REALLY sharp guys and the one that I know is absolutely qualified to make whatever design decisions he want to... and they have earned (and continue to earn) this respect.
and
Nope, and certainly not in any insulting or condecending way. It's just an interesting circuit with some clever (especially for it's time) twists that are not all that obvious. This is especially true with the biasing and what looks (on the surface anyway) to be some kind of bias compensation going on.
I have not analyzed this circuit, just providing some off the cuff comments based on what it looks like to me.
The only person who has apparently actually done the measurements is the link I provided, which says the power amp only needs 0.3V to get power tube distortion, and that the diodes are acting as limiters, not there to provide intentional distortion. Agedhorse's comments seem to say that if the amp was pushed hard into distortion, the diodes would come into play, but under normal operation, as pointed out below, they aren't active:
HI
Sorry, that's common BS. SVT power amp needs around 300mV for full power. The pi diodes 1N456 or 1N3070 (similar to 1N4148) start to clamp around 700mV or so (the threshold voltage). So, the power amp distorts much earlier than the diodes start to distort. The diodes are merely a safeguard limiter.

