El: You better do some reading on the subject other than theory found in textbooks. Not only do the tubes see different loads at the various taps, the speakers see a different source impedance. When all is said and done, they are all inter-acting and modulating each other.
For a look at a REALLY poorly designed piece of junk that demonstrates this situation to an extreme, take a look at the March Stereophile review of the Antique Sound Labs tube amp. As JA stated in the measurements section, most EE's would call an amp that performed like this "broken", yet the ASL Hurricane's ( another one of their amps ) are on The Absolute Sound's "luv it to death" list. Go figure... Sean
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