With respect to impedance matching, the advice that too low is worse than two high is correct for solid state amplifier but not valve amplifiers. I have posted on this elsewhere. Generally, the output valves in an amp are matched to an impedance that gives maximum efficiency, although as the data sheets for most valves don't really cover the conditions used in many guitar amplifiers there is often some guesswork required here.
A speaker's impedance varies considerably with frequency. A 16 ohm speaker may present an impedance of 100 ohms or more at resonance down to 12 ohms or so in the midband, and rising again at high frequency. Thus presenting a load around about the correct area is going to be fine. Furthermore, the manufacturer, if they know what they are doing, will have designed the amp to function correctly into certain set of loads, so I would always advise following the manufacturers instructions.
Incidentally, the rise in speaker impedance at resonance can be a real problem for guitarists who detune. When chatting to our speaker guys, they said that they had to design some speakers with especially low resonance for a Matamp customer who was blowing transformers by playing loud detuned guitar. At the speaker resonant frequency the load reflected into the valve was way to high and caused voltage spikes that destroyed the transformer.
The Trainwreck Express was designed to run EL34s and 6V6s. However 6V6s work better into twice the load of EL34s so Ken Fisher its designer recommended that the impedance setting was switched to half the load when 6V6s were used, eg a 16 ohm load would be connected to the 8 ohm tap.