Viewpoint from the sideline as a consumer only:
Adding various distortions, linear and non-linear, is the prerogative of the musician and producer, executed by the recording engineer, so all for giving them choices in the tools they use. No best preamp, but one of many as a choice.
With regards to overload, I see that as a responsibility of the recording engineers to select the appropriate equipment and adjust it accordingly. RE demands great experience and skill. Unfortunately a few have not achieved it yet. A problem probably brought on by the ease one can produce release ready music from your basement with hundreds of dollars of equipment, not millions. So, everyone thinks they are an RE. Some will be and that is good. I always have found most first albums to be the most musical even if from the basement and of lower recording quality. If someone gets successful, they get over-produced. No thank you Phil Specter.
Live events are usually more of a problem of the lead guitarist ego cranking up his gain, vocalist not wanting to be lost, drummer playing harder until there is nothing but an unintelligent roar that makes me leave. Best thing most clubs could do is hire a professional and put the controls in their hands. A few lessons to singers on how to use a mic often helps.
I can see omitting critical specs from published equipment for consumer goods as how many would understand them, but in true professional equipment, no excuse unless you really have something to hide and then the lack of data should be a hint.