At the 4 ohm tap, you would be running the signal through more transformer windings than at the 8 or 16 ohm tap. The 2 ohm tap (if you have one) would go thru even more output transformer windings. And all things being equal (and they never are) more wire yields a more degraded signal. How much? depends on if the better damping factor is worth the (small) loss in signal quality.
Also the amp may sound different into the different impedance taps. IT may not "sound right" using a 2 or 4 ohm tap with you speakers. things may sound better with the 8. Or with the four. use your ears. depends on what low impedance dips your speakers have.
Also the amp may sound different into the different impedance taps. IT may not "sound right" using a 2 or 4 ohm tap with you speakers. things may sound better with the 8. Or with the four. use your ears. depends on what low impedance dips your speakers have.