The very short answer is that with tube gear, distortion specs do not really matter (within reason of course), and should not be used to judge the quality of an amp. Actually in solid state amps too, the numerical distortion spec does not really matter - what is more important in both SS and tube amps is the spectral distribution of the distortion components.
A SET amplifier's distortion spectra ends basically at the 5th harmonic, unless the amp is overdriven into clipping. Harmonics at the 5th and below are benign to the ear, and it takes really large amounts of this distortion (several percent) to be audible at all as "distortion". The even harmonics especially, the 2nd and 4th, are particularly benign, being even octave multiples of the fundamental.
A SE OTL (output transformerless) amp's distortion spectra is more likely to be more polluted with harmonics above the 5th (this amp probably uses global negative feedback where the SET does not, but that's just a guess - negative feedback reduces distortion usually at the expense of a "dirtier" distortion spectra).
In transistor amplifiers, the distortion spectra usually goes way up past the 10th harmonic, and even very small amounts of this high order harmonic distortion (like .01% or less) can degrade the sound of the amp and make it sound "hard" or "sterile".
Noise measurements are also useless unless they state the weighting factor (A-Weighted, No weighting etc), and most importantly what the number is referenced to. Without those qualifiers, the S/N number is truly useless. Even with qualifiers, these numbers can be fudged in many ways.
So, in a nutshell, specs (within reason again) are basically useless indicators for how something will sound.