Little bit different by cold there guru (the terminology changed from preamps to power amps a little bit), but yes V2 is extremely cold, the 39k Soldano cathode resistor in the third stage is responsible for the crunch and high gain sound of the 5150. Let me lay into this idiot, I got this
How an amp is biased has nothing to do with it being on the brink of meltdown. The operating conditions of the tubes at idle is insane on the amps as no one in their right mind would design amps so unstable, however, 5150s are biased very cold at the same time. Regardless of how cold the tubes are biased, they still can be operating under dangerous conditions that limit their life and make the rest of the amp operate hotter/incorrectly. The supply voltages to the tubes exceed what is specified in most datasheets, for example, the max screen grid voltage on the average 6L6 is 450v, where the 5150 has a 100 ohm SGR and a screen voltage of around 480v where most amps will have the screens operating under 450 and have a 1k resistor. And these voltages are higher the colder the idle current is set.
And the biasing of the preamp, hot and cold are references to what side part of the input signal is being clipped on, not actually thermal heat for the most part, doesn't really apply the same concept of thermal heat as push pull power amps.