Owning relatively insensitive speakers myself (sensitivity of 86 dB at 2.83 Vrms and 1.0 meter on axis) that also have a low’ish impedance (4 Ω nominal, 3 Ω minimum, low reactance), but a high power handling capability, has led me to appreciate how more power (650 wpc/8 ohms/side in my case) can bring them to life in a way that results in a weightier, more tonally rich delivery that increases my overall sonic enjoyment.
@mitch2 Just a few items to point out here. The first is that the more power you need, the harder it is to find electronics that also sound like music. To that end, if you really need 650 Watts for your speaker to sing, they are next door to criminally inefficient, since you’re likely to never really get them to sound real.
As speakers become less efficient, a common problem is thermal compression, where the voice coils (in particular that or those of the woofer(s)) heat up with musical notes, thereby dynamically reducing current flow with those notes. The more efficiency you have, in general the less you deal with this problem and of course its far easier to find electronics for them that are musical.
Also FWIW there is no need for higher efficiency speakers to have less resolution or bandwidth. My speakers at home are 98dB and are flat to 20Hz; they are some of the most resolving speakers I've heard.
People have asked us why our class D is only 100 Watts (into 8 Ohms; clips at 125Watts and 250 into 4) and the answer is above. If you really need more power than that you need 1000 Watts, as 10x more power is needed to sound twice as loud.
Simply doubling power is only 3dB, hardly audible. So this is really far more about how the amp behaves with a musical signal than it is power! Even with a speaker of 86dB, the first 5 Watts are still the most important.