Great, great, great amp... Unfortunately, extremely loud and DOES require a high volume. 3-4 on that would be very loud. The only way to do it is jumper the channels and use an overdrive, or use some kind of attenuator or isolation cab. Then you can also bias the tube a little bit hotter (not much or run through tubes quickly), get like 15w speakers with a fast breakup, or even use those yellow jacket things that let you run EL84's.
Beside the volume problem, the amp is spectacular. The FX loop is great, but it does awesome running FX on the front end like they used to. If I still had my 1987x, I would have sent it in to get a power soak mod. Once you get those tubes all toasty, it distorts so nicely that you can play all day long on it.
If you can't regularly run the volume pretty high, I would recommend the 2061x. I have played that and trust me when I tell you that once you get it a bit loud, the magic starts to happen. You can get all the goodness of the 1987x at more tolerable volumes. Plus they're handwired and the 1987x's aren't (if that sort of thing matters to you). None of the Class 5 or 1 watt series really can achieve the same magic.
I have seen them used for 1 hour and sold for $700. An opportunity exactly like that came on Ebay once and I hesitated. That turned out to be a big mistake.