You have many questions but I think you can understand it better with a single explanation. See that there are many myths around this subject. But it is also a matter of analog electronics.
Speakers are a Z load in your circuit that may vary its impedance in terms of frequency. Note that a speaker main goal is to maintain a stable and almost constant impedance in the frequency range that it was build to work on. This impedance is almost equal to the coil resistance. So, when your speaker is working in a system well designed, your Z load can be viewed as a almost pure resistive load (8, 6 or 4 ohms in most cases).
With that said, we should have ways to supply power to the speaker so it can reproduce sound waves. Note that the magnetic part of the speaker is directly related to the current that pass through it. So we can say that the speaker is a kind of resistive load that deals with current variations to produce sound (simple way to understand). So the way we can vary current in a resistive load is by swinging a voltage across it.
If you connect a speaker or a simple resistor into a amplifier's output and also plug an oscilloscope probe across the load, you will see the voltage variations just as your music is varying (sound waves). It's not a constant voltage in the output. Otherwise you cannot produce sound waves since you need current variations to produce magnetic variations and forces by Lorentz formula.
Besides that, wattage is the power consumed by your system. Instantaneous power is calculated by P = UI or P = ZI². So the greater the current passing through your speaker, more power it will dissipate (and also more power consumption since part of it will be transformed to sound waves).
Also, you have to consider the volume control. Those examples you gave can only be applied if your amplifiers are always working at full amplification (0 dB). This way, a more powerful amplifier should produce higher voltages in the output compared to a less powerful amplifier (both in 0dB). Since instantaneous power is also calculated by P = U²/Z, then you cannot increase power with voltage and impedance being the same.
When you make connections (amplifier + speaker) you should care about some details:
Amplifier power output: it will tell you how much power it can deliver to your speaker in a determined impedance. This is the maximum power it can produce. Note that if you turn it on with 20% of volume, it will not be delivering its full power. Note also that even in 0dB it probably wont be producing full power all the time because music varies its amplitude waves so you should calculate the average power by the integral of all the signal.
Amplifier minimum impedance: This will tell you what is the lowest impedance you can connect to its output. It does not matter if you connect higher impedances there. You will just not be able to obtain too loud sound in your speaker system. Generally speaking, when connecting higher impedance speakers you can have a cleaner sound (less distortion) but a lower sound volume. In the other hand, if you want a louder system, you should connect the lowest impedance allowed but you probably will have more distortion. Note that what may harm any part of your system is excess heat. And heat is produced by Joule effect which relates to power directly. So, it's also possible to connect lower impedances than allowed since you do not increase volume more than a certain point. This way, even with lower impedances you produce same power as a higher impedance in full volume. You can see that by connecting a 2Ohms speaker to a 4Ohms-minimum amplifier but in a very low volume. It will work and it will not harm anything.
Speaker impedance: as already said, its the nominal impedance that a manufacturer try to reach and maintain stable in the frequency range that the speaker is designed to work.
Speaker power: this is the highest power the speaker is built to tolerate. Of course there are always questions about the ways people use to measure that and indeed there are misconceptions about the terms like RMS POWER. A common way to do that is to connect the speaker to some signal which has a AVERAGE power P and see if it can tolerate that for a long period of time. The greatest P value you can reach doing that is your nominal average power (again, it's a simple way to explain).
So if you are connecting a speaker to an amplifier, you should watch those variables to see if you will harm anything. Generally, you can harm a speaker when connecting a too powerful amplifier to it. Let's say you have a 300 W/8 ohms speaker and you connect a 800 W/8 ohms amplifier. As I said before, it also depends on the volume dial. Whenever this system is at low volume, nothing will harm. But when you reach a specific point of volume that the average power in the output will go over 300W, you probably will start to harm your speaker. People also sometimes say that a very powerful speaker could harm a non-powerful amplifier. Or that a non-powerful amplifier cannot drive a powerful speaker.
What happens is that you can have now a 20W/4 ohms amplifier with a 800W/4 ohms speaker. Note that you can connect them and it will work normally. This will be just like connecting a more powerful amplifier with low volume to it. The problems are: you will probably want to reach full volume to have some sound. THIS could harm your amplifier since full volume many times means more than 0dB (plus distortion). The excess heat in the amplifier may damage its output. Another common problem is that this distortion at full volume may damage your speaker. This happens because the speaker is build to work in movement. Many speakers have holes to dissipate heat and obtain air flow to refrigerate. Whenever distortion occurs, the mobile part of the speaker may stop moving for a little while. It starts to overheat the coil.
In short, any combination of amplifier and speaker should be possible. You just have to take care of the volume. If you don't want any possible trouble, get a amplifier which is a little less powerful than your speaker in the same impedance, and never exceed something like 70%~80% of the volume control. If your volume dial has a dB scale, try using in 0dB at most.
I hope this has cleared your questions. Sorry for bad English.
I have just recently come to understand that for maximum power
transfer the amplifier and speaker impedances should match.
Not this is not the case with audio - an audio amp can have an output impedance that is substantially lower than 1 ohm yet nobody makes (as far as I know) 1 ohm speakers. If the amp had an 8 ohm output it could only deliver half the voltage to an 8 ohm speaker and the rest of the power would be wasted in its output impedance.
It's only RF circuits that you need to be concerned about matching impedances but this is more to stop reflections down PCB tracks and cables.
The rest of your question is based on a false premise about audio impedances so it's not worth attempting to answer. However I will try and give some insight about the transformers used.
Like any power transformer without a secondary load, ideally you want to be able to apply a voltage to the primary and have zero current entering the transformer - that would be perfect and, when you connected a secondary load that consumes power, the power needed to be input to the primary would be identical to that consumed by the load. Reality isn't that bad actually.
Primary magnetization inductance is basically what the primary impedance is when the secondary load is disconnected - it can't be infinite but it can be relatively small but, not as small as a speaker impedance because then a lot of the power amp's energy is wasted driving a reactive current that serves no purpose.
If it were a 50 Hz power transformer connected to 230V ac, a 10 henry mag inductance would take a "standby" current of 73 mA. If such a transformer were designed for audio and, you weren't too bothered about below 100 Hz (deep bass) then a 10 henry inductance would take 35 mA at 100 Hz BUT, it's possibly a 20V RMS drive and not 230VRMS so a 100 mH mag inductance would do and it has an impedance of 63 ohms at 100 Hz. This, of course will only get higher (better) as the audio frequency rises into the mids and the treble.
63 ohms is fine for an amplifier that can drive an 8 ohm speaker so that hopefully takes care of that side of things. Next - there are turns (windings) on the primary that do not couple power to turns on the secondary and these can be a right royal pain for audio transformers because they are in-series with the power transfer and at high frequencies these "leakage" inductors are going to somewhat attenuate high frequencies. The bottom line is that audio transformer designers try to make sure that approximately 99.5% of the magnetic flux in the primary is coupled to the secondary so, if the primary is nominally 100 mH open circuit then less than 500 uH is seen as useless to the transformer and a detriment to high audio frequencies.
Even so, 100uH as a blocking impedance is nearly 13 ohms at 20 kHz.
Bottom line is that audio transformers are really good at providing low loss power transfer across a wide range of frequencies. No impedance matching is necessary.
Best Answer
It depends on the design of the amplifier you're using.
If the reflection coefficient seen by the amplifier is -1 (thus \$\rm{VSWR}\approx\infty\$), that's equivalent to driving a short circuit, and you can see why that would be an overload condition for just about any type of amplifier.
If the reflection coefficient is +1 (again \$\rm{VSWR}\approx\infty\$), that's equivalent to driving an open circuit. If you're amplifier's output stage looks like a common emitter amplifier with resistive pull-up (for example a CML buffer), that's not going to be a problem at all. In some other amplifier configuration with reactive elements, the increased output voltage could cause breakdown of the output devices, for example.
If the output of your amplifier has a real part to its output impedance, then that would imply that it is absorbing the reflected wave.
However the reflected wave will likely be coherent with the outgoing wave the amplifier is producing. Thus it's possible that interference effects between the two waves enhance or reduce the possibility of damage to the amplifier, depending on the phase relationship between them.
If you're driving a long line, then small changes in the signal frequency, or even the temperature of the line, could change the reflected wave phase significantly, so it would probably not be a good idea to try to design on the assumption that you can control the phase of the reflection.
If you're driving a short line, then controlling the phase of a reflection by controlling the line length is a common practice, done every time we use a stub or shunt as a matching filter, for example.