1) This is normal behavior for a working amp.
Yes.
Though a 200W would offer more protection, ....
That's backwards. The lower the bulbs wattage, the more protection it gives. The lower the wattage the filament is, the more resistance it has to current being pulled/drawn through it.
I did just find a 29W halogen lying around. I tried that and the 200W again and noticed the 29W halogen glows significantly brighter than the 200W. Still what I would consider dim though and not at full brightness. Cool to touch too.
Also noticed the 29W halogen really messes with the amp output. Like it never reaches full power. Volume at 10 is quiet and funky (the kind of reaction I would expect). The 200W bulb doesn't seem to steal any power from the amp at all. Powers up real quick and is full loudness/output.
Here's what's going on; Smaller filament has more resistance and will heat up easier.
If you take a working 20w amp and plug it into the limiter. Now put in 200w bulb, turn on the amp. You might not even see the bulb glow at all. Take the same 20w amp and go down to a 100w bulb, then a 75w bulb, then a 60w bulb, then a 40w bulb. Each time you go down in wattage, the bulb will glow a little brighter.
If the amp has a short it will draw lots of current. The more current the amp draws the brighter the bulb will glow. If the amp is working right, the bulb will have very little glow.
On a 1st time start up on a new build or on a repair or mod, you use a small bulb to limit the current draw. If it glows brightly, shut the amp off instantly. It can still draw enough current to burn something up.
2) A 75w bulb may be sufficient for my 15W Princeton build.
I use a 60w bulb with a Princeton amp.