#1
Is it generally a good idea to go for high wattage in this price range?
What should I look for, and what should I listen for in an amp around this price range?
#3
what kind of music do you play? do you plan on gigging or jamming?
Valveking CLIPS/Gear HERE
#4
I want versatile tone capabilities. I really like Alex Lifeson's tone ranges. Obviously I don't plan on getting those same tones with a cheap combo amp, and I don't mean to just copy them either.

I want to be able to do either with it. I want to be able to practice and jam well, and gig (which I won't be doing often).