Speakers ARE the load. They do not react to the amp, because the driving circuit reacts to the load on it's terminals. Speakers can have impact on amplifiers - back EMF from overshooting coils and damping factor, but the basic premise is that amplifiers should not be run into lower impedances than their design can cope with. That is it, in practical terms. A speaker that heavily loads an amp is bad - if - the amp cannot cope with it. Wattage is a pretty rough term to link to sound? Speaker designs can cope with practically any power level, but how they perform is not really a function of Watts - which is just a measurement of power. If you want a particular sound, then you can produce it. You can have a 10" speaker, with it's own frequency response, transient response and it will be totally different from a different 10" one. I view speakers as tonal products. I'm VERY happy popping my 8 x 10" cab on ANY of my amps, and I have a couple of heads - one loud, one modest. I'll swap these to any of the cabs, some combinations work better (for me) than others. On the 8 x 10", my sound man likes the second one down on the left for an SM57. Me? I don't worry about it. Any would do me. Guitar speakers with their coloured labels make me smile a bit - they're all pretty inaccurate devices and we're praising the change in tone each has as a 'feature' not a snag.