I generally agree with this. Have you ever directly compared the 395 with a 2:90? The Deep switch makes a very noticeable difference and the Modern switch a more subtle but worthy one, I can't get enough of it! I don't need moar, but every now and then I see 295 or 395 stupid cheep and wonder......they are usually more than expensive enough for me to dismiss the idea. Of course, there is always the fear of the old components being near the end, and my 2:90 was recently refre$hed. Any other power amps I get will be in addition to the 2:90.
For the Quad, I like using Lead 1 with traditional Strats + clear boost such as a YJM 308. It's also fantastic for crunch with toasty HBs, but when I really want searing lead, it's Lead 2 (no boost). At similar master vol levels, Lead 2 does sound a bit smaller (girth wise) than Lead 1, but with a
much more pronounced midrange, and of course you can always crank it more. It is simply amazing how fast Lead 1 starts sounding YUGE! Master Vol 2 is fine for recording.
The only area where the factory balance is off for me is R2 (III), which I don't really use except rarely in studio. So essentially I treat it as a 3 channel amp for live playing. There are no better toans anywhere for my needs, especially with the original Mark cabs....and it really doesn't matter if you are playing a cheap or expensive guitar, everything sounds fantastic through it......