Yes, it is interesting

But, another but,

, the way you are figuring is not the way it is rated.
Yes, each of those channels is capable of producing 120 watts continuous power BUT, not at the same instant since that event on recorded software has yet to be met. The front two channels are so rated in the calculations and the rest are rated at 1/8 power, plus the amp efficiency.
Go to your circuit panel in the house and add up all the breakers value. I bet it will exceed the main breaker value

Why? Because no residential house will use all that full power at the same instant on each breaker