Hi Chaswahl, yes - you’re all over it!

The common cathode bias resistor for the EL80s handle very little current, even in “Hi” power (~1.5W) mode - less than 30mA max at saturation. So 1/2 watt resistors for R29 (“Hi” power) and R40 (“Lo” power) provide more than a 2X safety margin for power dissipation, even if you decide to bias very cold with a resistor twice the design value. (I used metal foil resistors as the 1% tolerance 1/2W are super cheap and I have lots of them.)
The TMOV (e.g. Littelfuse TMOV14RP130E
https://www.mouser.com/ProductDetail/Littelfuse/TMOV14RP130E?qs=nXjUL3qLHyVlscyfOw9icw== is the one I use here in the US) is a two-in-one device. It consists of a metal oxide varistor designed to short if exposed to a current or voltage that exceeds its rating. This creates heat, which quickly activates a thermal cutoff (fuse) molded in series to the MOV, thus opening the circuit. Because the line fuse takes a while to blow in response to sustained overcurrent, it may not protect your amp against a voltage or current surge (like lightning).
Accordingly, a good place to mount a TMOV is between the Live and Neutral of your line supply going to your transformer primary (e.g. Application 1 on the Littelfuse TMOV datasheet). When TMOVs “blow”, the color changes from shiny red to dull burnt orange and they develop a charred “blister” and a bit of smoke with that “something definitely fried” smell. Mount it in a position where it won’t catch stuff on fire or melt something important if it blows. Using a 20mm instead of a 14mm might protect for a bit longer as TMOVs degrade from repetitive exposure to milder surges below their designed fail point.)
The Amphenol CL-90 NTC thermistor (
https://www.mouser.com/datasheet/3/59/1/FA02AE58771983E28B2BE1161455825ACDF33F1FBDE5E4678E089F5FA7CD6602.pdf) is one I use for my small amps pulling less than 2A, it goes from about 120R to 0.2R on warm up (about 30 sec). Mount it where it can get some air, as it gets toasty during use.
If you’re working on, modding, or building an amp, the addition of both a TMOV and NTC costs around $5, and represent cheap and easy to install protection!