I respectfully disagree with virtually everything on this thread!
I have no use for the peaveys. I had a buddy that used one (despite its inferior tone IMO) and it let him down BIG TIME on a two separate occasions. I have a '68 Twin Reverb and a '65 Deluxe (no verb) and both have served me well and never gone down. We are both full-time pro players with similar workloads. Granted the vintage Fenders are more expensive than the Peavey but worth their weight in gold and they won't go down on ya. If they do, you can open 'em up and fix 'em yourself... 60s Fender amps are like 60s chevys. Pop the hood and the problem is usually obvious. The money you'll save on repairs would probably buy you 10 peaveys by the end of your (or the amps) career.
Also, Line 6.... ??
No thanks buddy. For some reasons owner of small-budget studios think that if they have these for session work, then they have "all the amps."
I've used a couple of Line 6 in such studios on jingles, commercials etc. and for that it'll do the job but I would never take one on a gig. Just my personal preference. The popularity these things enjoy is inscrutable to me.
I'm not trying to bad-mouth your amps, I'm just saying that they're not for me, and I want to represent the other side of the argument for our friend here.
If cost is an issue, buy a 90s Fender Pro Jr. for about $250 US and be done with it. 15 watts class A thru 2 EL84s (like an AC15) and this thing packs quite a punch for its size! Loud enough for many gigs! It will be similar in volume to the classic 30. Not sure about reliability on the pro jr.
I WILL say, that with any tube amp, the components with the biggest effect on sound, in descending order, are: 1)Tubes 2)Speaker 3)Output Transformer
Tubes are easy to replace. Get a Mullard 12AX7 and put it in the first preamp slot, and some good NOS power tubes, and you're well on your way. A good weber speaker will take you to the next level. If your OT sounds like crap (as the Peavey ones do, IMO) replace it with Mercury Magnetics interleaved transformer and then you'll have a nice little amp.
But for that money, you could've just bought a better amp! Cheers.