Goblue: It is my understanding that the typical "tower" speaker will not be capable of delivering the type of volume that you seem to be interested in. You could consider purchasing a professional grade speaker such as those commonly used to DJ. However, I think most would agree that the SPL you would acheive would come at the cost of sound quality, to put it simply. Otherwise, I think that you will need to go to a much higher price-point to get quality speakers that will gracefully play full-range at extremely loud volumes. Of course, it would follow that you will also need significantly more powerful and expensive amplification - money, money, money.
If you are running your 2.3s full-range, consider integrating a subwoofer or two and easing the burden on your speakers and your amplifier. You may be able to achieve the volume you want and keep your equipment safe.
To answer your second question, I think most would also agree that you can never have too much power. In fact, it is usually better to have an amplifier that can run your speakers with power in "reserve". The most likely culprit of driver damage is insufficient power. In either case, you should listen carefully for signs of distress such as "thinning" of the sound, particualarly on the low end, or distortion. Incidentally, I would think that your amplifier should be more than sufficient to power your 2.3s.
The "Thermal Protection" LED on your Adcom will light when your amplifier has shut down due to overheating. It simply provides explanation as to why the unit has stopped working and lets you know that it needs time to cool down. Hopefully, you have never driven it to that point.