The "power" control on the back really has nothing to do with volume. It controls the amount of wattage you have dialed in. The low setting is about 5 watts. Max out the control and you get about 30 watts output. Normally turning the "power" control full max will be to boomy for the amp and it will rattle. I keep mine a tad lower than full max. The other volume controls react like any other amp. The volume will increase the loudness while you back off of the master as you increase the gain. Its all in what you want your sound to be like.
Guitars:
Electric: Washburn HB-30, Squier Tele Custom Deluxe, Jay Turser Strat.
Acoustic: Seagull S6.
AMPs: VOX AD30VT, Peavey Envoy 110.
Modelers: V-AMP 2, Digitech RP-100A.
Pedals: Boss RC-2 Loop Station, Boss CE-5 Chorus Ensemble, Digitech Bad Monkey, Ibanez DE7 Delay/Echo, DOD VFX40B 7-Band Graphic EQ, Ibanez CS-5 Super Chorus.