ok, just came back from band rehersal.
firstly, the amp is not the loudest one i've ever had. my marshall jcm800 crushes it as far as sheer volume goes, but then again who needs this much volume anyways. it's definitely loud enough for band playing, though. plus you can get the power tubes cooking to get that elusive el34 breakup tone.
speaking of tone, all questions about limited gain and weak pinch harmonics are pointless. the fact that it's not very SATURATED gain is what threw me off at low volumes, but once you crank it up you'll find it to have shitloads of gain while having immense note articulation and clarity. very straightforward amp, too. it took me literally 30 seconds to get a crushing rhythm tone, and even less for a lead tone. i did however use a boost (even though it's not necessary as far as pure gain is concerned, at high volumes that is), but then again i'm running a boost in front of most any amp including my 5150 which obviously has insane amounts of gain, i just happen to like the sound of it.
btw, talking about the sound, i remember reading something along the lines of "dual rectifier mixed with a jcm800". that's definitely a very suitable description. it's got that rectifier punch and brutality, but also the sweet mids of a jcm800 (although the mids are low mid voiced rather than hi mids like a marshall).
to sum it up, it's definitely a keeper. a shitty bedroom amp, but i have a feeling that this might become my main amp. tomorrow i'll have another band practice, this time together with my other guitar player (who's using a tsl100), but i'm sure it's gonna cut well and also mix well with the hi mid marshall.
btw, my amp settings for this rehearsal:
gain: noon
bass: 2:00
mids: 2:00
treble: 11:00
presence: 9:00
volume: 3:00
deep: noon
master: noon
sd1 set level full gain off tone noon
crushing