Originally Posted by 
rgtb
				 
			the chance of broken speakers is slim. a controller/speaker management system in the rack is designed to prevent this. it will just sound crappy (i mean, with DSP, you can try to "repair" the clipped signal--but that's a guessing game as the information contained in the clipped peaks is irrecoverably lost).
+1. channel meters showing over is not a problem. it's just a problem when the master is clipping.
that, too.
right. i mean, as i wrote above, you can let DSP do some "magic." but DSP will have to work with assumptions as to how the signal looked before it was hard-clipped. it can try to make the signal sound more pleasant, but it cannot recover information that was lost.