QUOTE(Cartman_Sr @ Aug 3 2006, 11:44)

I think maybe what he means is that for the periods of time when the signal is clipped, the cone moves out to its maximum excursion and just sits there and doesn't move because for those fractions of a second there's no change in the audio signal. Also, all of the electrical power from the amplifier is going through the speaker, heating it up and damaging it. But I could be wrong, I'm no expert.

Expert or not, you've got it right..
BUT
My point is that the cooling should continue. Imagine pulling all air out of a room, but leaving a crevice open. The air will not 'teleport' in, but flow in. Violently at first, lightly later, until it's equal again. And we're speaking about fractions of seconds with clipped audio. I could imagine that a tightly designed speaker will still have air flowing, even in clipped mode.. perhaps not enough though.
Anyway, I've actually gave the techs at Bel Canto a call, very nice people. Same with the Quad people, mailed them, got an answer.
Both seem to agree on a few key points: 400Watts@8ohm is not necessarily overpowering an 140W rated speaker. The speaker ratings audio manufacturers list sometimes even include some buffer for people with bad amps

probably less common with high-end speakers.
The guy at Bel Canto even said he wouldn't be surprised if even at 'full blast' the amp would not break/kill/overload the speaker.
The same story came from a reviewer (on which I partially based my purchase choice):
http://www.stereotimes.com/amp100702.shtmlAnyway, I've bought the amp, and we shall see(hear) what happens soon enough.