I am obviously showing my lack of depth in understanding amplifiers but I am trying hard to learn. So my question is can a Princeton Reverb be run on only 1 of the 6V6 and get half power.
My guess is probably not because output transformer is not designed for single ended configurations...
Well, yes there's the OT design being intended for 0 or minimal standing magnetisation (eg whilst idling).
But that's minor, mainly affecting the bass response, compared to the effect of losing up to 1/2 the push pull waveform.
Consider that as each push pull side handles only the upper or lower half of the waveform, and if the output valves had been biased to class B, then removing one valve would only allow the upper or lower half of the signal to pass. That means the signal would be bigger but half wave rectified.
As an amps power output is usually assessed 'clean', eg at the onset of clipping, the clean power of a half wave rectified signal would be pretty much 0.
Obviously our valve guitar amps aren't operated at or close to class B, the amp would be biased to idle at eg 20mA. So the anode current can swing 20mA down below its idle level, to 0. And as it's now running in class A but on only half the OT's primary winding (hence its previous class B loadline of about 2k), the peak current it can draw (at Vg1-k=0) will still be quite high, about 180mA.
So the unclipped power current swing will be +/-20mA, whereas overdriven it can swing +180mA to -20mA.
So that's a really low clean output, perhaps a fraction of a watt, but still a fairly high overdriven output, perhaps several watts.
Which is kinda the opposite of what we normally want in a guitar amp (eg 'clean to mean' being available from a twist of the instrument's volume control being a desirable characteristic).