Tell 'ya what.
What I've been see'in of Peavey lately has really been pretty awesome!
To be honest with you, what I've seen in the last few years, was Peavey going down the "bells and whistle" road and quality going south, until recently.
I have an old Audition 110 from Peavey and the new(last few years?) one they have out is no where near a close comparison. I was shocked when I went to buy my wifes kid one of the "new" audition series amps two years ago! He blew it within a year! Not like the one I know!

Anyhoo,,just my 2 cents