Not as odd as it sounds. Audio systems have been underrated for decades. Anything rated "W RMS" is already trying to pull one over on you. (I already forget if that's the peak wattage figure, or the best-case maximum figure (which would be a square wave output), or what.) Amplifiers are rated more than they'll actually deliver under all combinations of conditions (e.g., producing a sine wave with < 0.001% THD or whatever that spec happens to be, while also delivering rated "W RMS"), and so are speakers (the rating usually assumes a modest duty cycle, due to the crest factor of typical music). To say nothing of "PMPO", which is just a completely meaningless label.
Playing low crest-factor sounds, like CW sines or squares, or spectrally rich sounds like white noise, will easily exceed the ratings of systems designed for lower duty cycle material.
Is that good design? Probably not. Is everyone doing it? Maybe.
Tim