Just to add a little info on my answer quoted in the previous post.
A speaker cabinet do present a reactive load to the amp. And the reactive load is different for every cabinet, depending on the embedded speaker(s) and the cabinet itself.
We chose 2 different approaches with the VB-101 and the Live:
In the VB-101, we have a flat impedance (ie pure resistance) that we correct after the load in terms of frequency response. And all-resistive network can handle very high power with no problem.
In the Live, we have a reactive impedance which is close to a kind of "average speaker impedance", with no correction after (the DSP in the Live is not strong enough to handle the CPU power needed).
What we found is that the effect of both loads was important, but not as important as the processing we could do after. I think you can find on the web a compared study of both reactive and resistive technologies. Even if I am not entirely OK with the protocol, the conclusion is mainly that the difference is not that important as one could think.
An interesting thing is that some of our customers prefer to switch off the Load Compensation on the V-101 to get a warmer tone (but harder to fit in a mix) that is easier to play with on headphones for example.
Based on our studies, the different IS important enough so we take care of it, but should not be the main argument in the choice of a VB-101 VS Live.
Of course, people who never approached bot technologies love to write pages and pages of theoretical comparison, but at some point the result is what is important, and the VB-101 is still the leader in the Torpedo series.
I remember a debate many years ago about the use of in inductive or non-inductive power resistors in loadbox. Of course the answer is that one shouldn't use and inductive resistor. The only thing is that the inductive part of the behavior of the resistor is around a few hundred KHz to MHz. Well, I don't know what kind of sound you amp is able to produce and your soundcard to record, but mine cannot go this high in frequency.