I agree with just about everything in the previous post, but did want to nit-pick a little about the 10,000 watt test by Stereo Review. As part of his normal testing process, Julian Hirsch (who use to be the main tester/reviewer for Stereo Review) would apply single-cycle tone bursts at various frequencies, to see how much power it would take to literally bottom-out the speaker drivers. As the previous poster noted, this was often in the many hundreds, or even thousands of Watts. But, only for one cycle (so with a 1 kHz tone burst, the total duration was only 1 millisecond). You could not apply nearly so much power of a continuous tone, without causing damage to the speaker.
But, the main point of the post is totally true - it is far more likely to damage a speaker by driving it with an underpowered amp, driven to clipping, than via too much clean power.