What you guys seem to fail to understand is amplifier meters read voltage. They may be marked Watts@8R but that not what they are indicating. They are scaled (usually) to the maximum/rated voltage swing the amplifier can apply to the load and driven by sometimes very sophisticated driver circuitry.
Example: A 200wpc amp with meters is calibrated to 0dB at 40V RMS over 8R. If you are swing your meters up at 0dB or over, regardless of the attached load, you are hitting the supply rail limits and the amp is likely clipping. Something you actually want to know. Just like your tacho’s red line shows you where you are with respect to a design limit.
Don’t make the mistaken assumption meters are all just bouncy things as they aren’t. Some run custom micros with A/D conversion, take into account attached loads and can produce extremely accurate indications.
Personally I rather have them than not, but I like being able to shut them off too.