Yup. I see it all the time. It's part of my business model. All these small timers claim they can do big shows, then they blow up their gear. Since all my stuff is paid off, I can complete in their price bracket, and with what is often a physically smaller system, outperform them. BIG difference between the MI stuff and the touring grade stuff.
While their stuff goes BOOM and then the magic blue smoke is released, mine is still pounding hard and I've got overhead to spare. I love the KV2 Audio stuff. Everyone tells me it's not big enough, won't cut it, and then when I fire it up and start sound check, they are loving it.
I'd much rather have a very powerful rig(which I do) and turn it down if needed, rather than a small and underpowered rig and have to keep pushing it to its limits. But, it ain't cheap to do it right, but it also doesn't necessarily have to be a bank breaker either.