Here is a white paper written by Steve Deckert that explains it much better than I ever could.
https://www.decware.com/paper43.htm
Flea watt amplifiers are class A with minimal circuitry and no negative feedback as opposed to a high powered amplifier that relies on a much more complex circuitry and many more components. As components are added there is a gain in power but it comes at a cost. Top of line amplification can minimize those loses with higher quality components and advanced designs but they then become very very expensive and totally unnecessary with a well designed high efficiency speaker.
I'm running corner horns with two watts and can reach 85 to 87db in in a very large space without a sound deficit that's apparent to me. I'm not able (or want) to play at 110db but I still have bass I can feel in my chest and a detailed sound stage that's simply glorious.