here is what peavey says about it
"Peavey proudly introduces the ValveKing Series, a new, all-tube guitar amp line combining boutique features and hot-rodded tones with legendary Peavey reliability. ValveKing amps are available in a 100-watt head, a 100-watt 212 combo and a 50-watt 112 combo.
Peavey ValveKing amps feature a patent-pending, variable Class A/B control called Texture™, which allows sweepable selection between Class A and Class A/B power structures, as well as any combination of the two. With this feature, guitarists can coax virtually any tone from this tweaked-out amplifier. The amp's preamp and power sections use 12AX7 and 6L6GC tubes, respectively, and drive specially voiced 12" ValveKing loudspeakers (112 and 212 versions only).
Additional standard features include two footswitchable channels with independent, three-band EQ and volume, plus a footswitchable gain/volume boost on the lead channel to provide extra volume for solos. ValveKing amps also feature global resonance, presence and reverb controls, a buffered effects loop and dual speaker jacks in parallel (head and 212 only).
The ValveKing Series will be available in Q2 2005 from authorized Peavey dealers. "
so it sounds like it maybe thier attempt to be a marshall jcm or somthing simular .
Another amp that i left out that very nice is the carvin x-100b or x-60b . They have some really nice cleans and are freaking loud , if you go past 7 on them your talking about causing brain damage . They are really moldable as well.