What are the benefits of proper settings (every 6 months) and what are the potential problems if simply ignored, (as I have done for 47 years)?
If the adjusters are simply set in the middle of their rotation, as I always do, and the thing sounds great, should I risk electrocution?
i would say that if the bias is well set at the start (when new quad of kt88’s are installed) then over time as the tubes age the bias will run a bit low for ideal sound but if you can’t hear a difference, then leave it be... the tubes will become under biased as they age and they will run cooler/easier and actually last marginally longer in use - once again, if you cannot sense a sonic penalty then leave well enough alone, just enjoy the music
middle of rotation on bias pots don’t mean much, as there are different sensitivities in the pots and more importantly different bias needs of the tubes set being driven... so best to have a tech read the correct bias voltage for your tubes set and set properly once, then go from there...
as an audio research tube amp user for years i have become kinda OCD on bias settings as there is much lore about failing power tubes and how bias resistors can be damaged in the amps when a power tube fails - so i am conditioned to check bias conditions fairly frequently (once a quarter, say) - but to be honest i have never let the bias run way off under or over the recommended setting, and so i cannot speak to whether the sonic penalty is noticeable... if anything i set the bias 5-10% below the recommended level to get a little more tube life, and i feel there is no sonic penalty i could hear with various arc amps running 6550/kt88's -- vt50, vt60, vt100, ref 75, ref 110 etc etc...