It is indeed a strange amp. Nevertheless I´ve used it as my main amp for 20 years.
I use the ´normal´channel, the deep switch works anyway. I always have the master at 10,
but switch to 65W (LO) unless I´m on a stage. The eq is not very effective, but the preamp
seems to collapse when too much highs or lows are present - I use pedals with care on this
amp. For gain I end up on 2-4, usually loud enough. I must admit that using mudbuckers on the
HD130 is not a great success, although I love both... Something is happening gain/low end-wise
that I don´t like. I´d say it has a good power section. I put a pre in (between the deep switch and the
driver tube in the schematics) and you can use anything in front of it, all the troubles are gone!
I seriously think of modding the HD130 so that the normal channel is stock, while the bass channel is
all tube bassman like. Many people think the HD130 is difficult to fine tune, it really is a fine line
between ´loud, clear and thight´ and ´too hard / stiff´sounding. There is also some sound difference between
the ones with tube diver vs. those with transistors. It´s an important stage in the design, but a good setup/biased
amp sounds good anyway, with the right speakers. Some say that HD´s with tube drivers are ´smooth sounding with a touch of bassman when cranked up´, while the later versions are way too harsh sounding. In my opinion that is
far from true.
All that said, I think it´s a very reliable amp, but yes- can be difficult to tame on some axes.
Never tried with 8x10, though I did try out a 4x10 + 1x15 setup once.
I like the full 1x15 + 2x12 stack best, or with a single 15 in smaller places.