the cone excursion is not halted, but over travels slightly on the out and the inward movement, in other-words it’s not as tightly control as Aerial would like it to be.This is only partially true. A loudspeaker cone can be overdamped; looking at the impedance curve (https://www.stereophile.com/content/aerial-acoustics-5t-loudspeaker-measurements) we see that the impedance never dips to 4 ohms and spends most of the bandwidth at much greater impedances. This is why the 8 ohm tap sounds better.
Normally running an 4 ohm load on the 8 ohm tap will cause the power tubes to make more distortion and run hotter (ultimately failing sooner) since the load impedance is transformed by the transformer to a load impedance that would be half of that for which the circuit is designed.
But in this case this isn't happening so no worries!