There is a sticky at the top of the amp page "New and improved tubes FAQ"
Here is an excerpt:
1.5 Why tubes?
There are many people out there who would lead you to believe that tubes are the greatest. Then there are people who think the same of solid-state equipment. Both sides have valid points to bolster their arguments. In the author's experience, the difference between high-end solid-state and tube equipment is typically imperceptibly small.
Tubes are fragile, bulky, produce excess heat, have more noise, objectively give more measured distortion when compared to solid-state, and are more susceptible to stray capacitances. They are also subject to the vagaries of production by hand, are more expensive to make and are also dwindling in supply. Taking all these into account, why even consider tubes? In short - their superior clipping characteristics and different distortion characteristics.
Clipping occurs whenever the amplification device literally runs out of juice to amplify a given signal with an initial amplitude that is too large. This occurs often during musical instances known as transients - examples include the crack of a snare on a drum or a full-out symphonic crescendo.
Imagine a sine wave:
Now we shall amplify it till it clips. For solid-state devices in general, the output would look like the sine wave A: the top section is lopped off completely, forming a plateau that is parallel to the horizontal axis. Not only does this sound terrible, the plateau is in effect DC applied to your headphone drivers (very bad).
sine wave A
Compare this now to sine wave B: the top of the sine wave, while not like the original signal, is now a curve with a slightly different rise/fall gradient.
sine wave B
This sounds a lot less offensive and is certainly easier on your headphone drivers than the `hard' clipping offered by the above solid-state example. It is also far less audible than the audibly obvious solid-state clipping. This has led to the popular myth that a`tube watt' is twice as powerful as a 'solid-state watt'. Clipping still occurs - you're just less likely to hear it.
As mentioned earlier, tubes have more measured distortion. However this distortion is primarily 2"d order, lessening greatly as we go through the higher harmonics. Distortion characteristics for solid-state however, tend towards higher odd order harmonics (5"' 7`n etc), albeit in smaller amounts.
Scientific studies have shown that humans perceive even order distortion as being musically consonant while odd order distortion is perceived as musically dissonant. Anecdotal evidence shows that while up to -5% of 2°d order distortion is audibly tolerable, only -0.5% of 5`h order distortion is audibly tolerable.
Tubes win!
What that means in plain English is that a tiny bit of odd order distortion is going to sound a lot worse than large amounts of even order distortion to the average human ear. Compare this to the distortion characteristics of tubes and solid-state.