A comment and a question:
1) it's probably pretty clear already, but the issue of
uncontrolled dynamic range (no limiter or compressor to protect the reproduction chain) definitely enhances the risk to... well... everything: Probably mostly the loudspeakers, but possibly the amplfier(s), too. I am leery of the current crop of small, nominally powerful amplifiers with poor heat management. OK for recorded music (which is typically
very processed and not terribly dynamic, 24 bit, yadda-yadda notwithstanding), but not meant for live performance. Something like the Crown Class D pro amps, of course, are (
should be) exception.
2) I have never (!) been clear on the output characteristics of the little transducers (pickups) on electric guitars. I don't know what the output voltage is (low, isn't it?), nor the best case impedance for the (pre)amp input. Mind you, I'm one of those folks who will plug
anything into anything, so I've
done it... but, again, not systematically -- and I am too lazy to have actually ever learned.