To me it was. I use the Red Channel in it now without issue. In my case - I swapped tubes in V2, V3, & V4 with Mullards. I would say just one in the EQ/V4 right before hitting the output tubes does the most shaping to the Bass and Treble response, so if I could only do 1 slot, it would be V4.
That being said - each slot corresponds to a channel mode/gain mode in certain ways, so you should experiment.
I don't wanna be too harsh, but whern I first got the combo, I immediately thought - "can't use half of these channels and sounds kinda tinny"
Swapped in a Fane M65 and put in some Mullards and play it on all the channels happily.