I don't think reactive loads are bad per se otherwise a lot more people would have complained over the years which is not the case. Also bigger companies wouldn't have jumped on that train either. It's more like what mhuss said earlier:
I've often wondered if the bad rep attenuators get for blowing up output stages isn't due to the fact that most people wouldn't run their guitar amps on "11" if they had to deal with the full volume. Except for maybe arenas, it is sort of self-limiting. With an attenuator, one is much more likely to run the amp way hotter then normal. And particularly with the tubes being made today...
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