We are going on a bit, but it's worth getting some closure on this area of thinking now ...
Elliot does a much greater detail article on two type of clipping-"power compression", which fit in with what I am saying.
When I read Elliot he only uses the term "power compression" to refer to speaker drivers driven so hard their internal temperature rises and their performance characteristics change. This is something totally specific to speakers, not amplifiers.
clipped music in the Krell example should not exist as studios use limiters-compression, and as I mentioned this is further complicated by the implementation and functionality used in the limiter.
Most certainly it shouldn't exist, and I was very surprised to see it, firstly in a piece of classical music recorded by a highly reputable organisation, and secondly in a jazz piece posted in the forum by Bruce. When I say clipping occurs, this is not happening frequently but rather occasionly, several times through the track.
Many current pop recordings, including some remastered under the direction of the original artists now not only suffer severe compression but high levels of clipping as well: Iggy Pop comes to mind. They probably feel comfortable with a sound that mimics the typically overdriven PA setup ...
The variation on that is the 100W Krell, with a preamp driving its input hard to get volume on an inefficient speaker. This will work very well because the Krell will most assuredly drive the the speaker correctly, except for those moments now and again when the peak input level outstrips the dynamic range of its power supplies, and it will clip for a split second, unnoticeable unless you very specifically listen for it at the precise moment, probably ...
I felt differentiation was needed because the risk is some may assume that common pop music then will have the same effect as an amp clipping at normal sound levels, and it is more complicated than that for the summary reasons outlined - again if wanting to go into explicit detail it really needs to be another thread.
Where this can still be critical though is for digial amps as without digital signal protection in place they can become highly unstable.
Thanks Orb
When you say risk, are you thinking of tweeter damage? The Krell clipping "cleanly", a lesser amp reproducing clipped as recorded music at normal volumes poses little risk; a very dangerous situation is using a conventional amp playing back recorded clipped music which the user ups the volume on, the sound subjectively compresses, loses its dynamic intensity, so the user raises the volume yet again to try and inject some energy into the playback. Now you're in real trouble: the amp's compressing AND clipping, while replaying music that in itself is clipped! The tweeter will be rapidly fried, bye, bye, little unit ...
Frank