I like this place for reviews. No punches pulled lol
http://reviews.harmony-central.com/reviews/Guitar+Amp/brand/Peavey
I only saw reviews on the Vypyr 30 watt. Reliability ratings were either very good or pretty bad. But then again, they dusted my Peavey Audition Plus in reviews, but I like it just fine. It has never given me a problem in 23 years. (Though it spent most of that time in a closet, I did use it as a spare amp when somebody's broke down.)
...so ever since then, I always hang on to the buckle.