For me, it's simply a Fender blackface with reverb and 12" speaker. Clean, 6L6 power. Little dirtier, 6V6 power. End of story.
It is so ironic and odd that before the 80's Fender never made a 35-40 watt single 12" combo amp. Why not?
With 35-40 watts of power you could get 2-10" (vibroverb/vibrolux/tremolux) 2-12" (bandmaster/bassman/Pro) 4-10" (Concert/Super)
And of course you could get 85 watts driving 2-12" in a Showman or a Twin or 1-15" in a Showman or a Twin but you could not chainsaw such an amp in half and have 35-40 watts driving a single 12".
And this was in an era where, across a product line, usually the differences from model to model going up the line were very very small. The best example would be a Martin O-18, O-18, OOO-18. Go look at a 1964 price list for those guitars, I believe a D-18 was $265 and the others were $10 less, each. Maybe $15. That was actual money back then, I know. $30 might have been a week and half's work. (I have two brothers, one bot a D-18 and one bot an O-18, both in 1961) Back then, if you bought the top of the line you were thought of as a flaming egotist!
Mysteries of the universe.
I should also add, I continue to be very impressed with and regularly use my $190 used Peavey Valveking. This is an incredible value in an amp, there is no way on earth I or anyone else could build the thing for $200. even if I deleted the 2nd channel (with its full set of tone controls) You MUST replace the stock speaker which sounds terrible and is unusable except for test-bench purposes. Add some better quality tubes for the Chinese ones it comes with, esp the 6L6's, and it's a great sounding amp, very ruggedly built, and very cheap. They are available clean-used for $250 all day long. Nice sounding amp (again, the speaker replacement is an absolute requirement) that can definitely get loud if needed.