OK, One thing I did not see is any significant mention of heat. This is the most prominent killer of subs that I know of. Mechanical damage springing from the over stressing of the spider is another main source BUT... I think the main point of BCAE explanation about clipping is that it prevents the speaker from cooling itself well enough. SO heres my take on this...
Driving a speaker with a clipped signal creates the opportunity to damage the speaker. This depends on the speaker and how much power is used. The first thing we need to establish is that a speaker(voice coil) makes heat. I was going to go into great detail here but decided not to. (it was getting to be quite the work of art though :)). This is the enemy we face when we talk about underpowered amplifiers and clipping.
If we can agree that a voice coil makes heat then we should also agree that it needs to disapate this heat otherwise bad things are going to happen. When a speaker moves, it moves air; not unlike a fan moves air. When a speaker moves correctly it moves alot of air and so cools itself very well (hopefully if its designed well). When a speaker moves with a clipped signal it is like only moving a fan in little burts (Swing left...Stop...swing right...Stop...etc.). Beacuse of this the speaker is not cooling itself as the designers made it to. All the while however, curent is still flowing through the voice coil (FULL power when its stalled at the top or bottom of a clipped signal) and this current is constantly making heat and leading to disaster (the cooling offsets this with equal magnitude normally). So what ends up happening is you have a speaker not cooling itself and having lots of current flowing through it (the ratio of cooling to power gets worse as the clipping approaches a square wave).
SO depending on the heat tolerances of the speaker and how it was designed a underpowered amplifier could very easily cause speaker damage. This will usually be by melting the insulating substance that keeps the coils from shorting out...thereby letting them short out...which only makes a huge drop in the resistance of the speaker...which means more current and more heat only now extremely localized...and eventually all this usually leads to the voice coil itself breaking because its now been turned into a fuse.
But many speakers these days use quality materials in the construction of these key areas and speaker manufacturers are over building their subs. What this means is that even with less than optimal cooling the speakers voice coils and insulating substance have heat tolerances that the conductive and radiating cooling is enough to keep any problems from arising for most amps rated under the speakers ratings.
Now you are completely right that a larger amplifier will manifest this problem much more quickly and putting more power through a speaker than it was designed for will obviously overload the designed cooling capacity. But if your doing that your probably over loading your spider as well and other problems such as the former coming off the pole or destroying its voice coil through hard bottoms.
So still confident that its not going to happen? I'll show you! Set up the same speaker and amp but now instead of turning the gains up to produce clipping, I will just give you a clipped audio signal. (why? because many amplifiers these days have circutry in them that most likely limits clipping and so most amplifiers will not go into extreme clipping. BUT...hehe... We are looking to prove your point that no amplifier putting out less power than a speaker is rated for can blow the speaker.)
So if your man enough to back your talk up with aciton...burn this to a CD (its just an audio file like any other song only extremely repetative) and put that speaker amp combo back on for another hour..If you can :).
6.25Hz Clipped Signal (MP3 Format): http://h1.ripway.com/gbear14275/6.25Hz_Clipped.mp3 (songs under 13 min, if you can play it for that long...)
(The W7 model has some advanced cooling technologies incoporated into it and so it might be fine...But if you do this I would be prepared to buy the speaker...and possibly the amp for some reason if its protection circuts fail. Also this is an extremely low frequency mp3 file, make sure the amp you use does not have a subsonic filter on it.)