Those that like them I believe are getting the benefit of a different
audio taper from the one that is provided on the amp. I haven't used
one, but some do report they find them worthwhile.
I own a Hot Rod Deluxe. I don't use it in an apartment however. Frankly
some apartments are tough for just about any amp. I can recall
apartments where I knew what everyone was watching on TV for example.
Trying to put the two together (my apartment memories and the Hot Rod
Deluxe) I'd say that you COULD just turn it down and play. The amp has a
great clean sound at lower volumes, and though that isn't the only sound
it can make, it is a good one in it's arsenal.
If you want crunch, grind, big-time overdrive at apartment levels I
think I'd go with a POD or similar myself. You aren't going to be
pushing air and getting volume interaction with your pickups and such at
apartment levels with anything. As one person has recommended if you
want to tame a high power amp to give some kinds of overdrive at lower
volumes a power soak or attenuator is a bit better than just a master
volume amp like the Hot Rod Deluxe. But at TV volumes and lower I'm not
sure if you'll find even the best of these satisfactory.
-Frank Hudson
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Web page with sound samples and the "So You Want to Buy A Guitar FAQ":
http://www.visi.com/~fhudson