Oh yeah, wattage isn't everything. Just because your pumping a ton of juice doesn't mean your sounding like you are. I had an Ampeg rig that should have killed anything you put next to it, at least on paper. However, my current setup has less power on paper but is much louder and I do mean much much louder. Loudness is a log function meaning that if you put in twice the juice, you won't get out twice the volume. Not only that, speaker sensitivity is a big issue. You also need to look at efficiency of the entire rig. Finally, where is the juice being spent? The Ampeg I had seemed to spend a ton of power putting out ultra low frequencies that sounded great as a solo instrument but didn't help me cut through the mix. Thus, the voicing of the rig is important as well.
However, you can skip all of this rhetoric and just go try some stuff out. If it sounds good, is more than loud enough, and is reliable, then you've found a winner.
However, you can skip all of this rhetoric and just go try some stuff out. If it sounds good, is more than loud enough, and is reliable, then you've found a winner.