Yes unfortunately the size is a drawback of using a Class AB system in that the heat generated needs a heatsink and fan. We looked at doing a smaller Class D thing but for us Class AB is a lot more "musical" sounding, especially for guitar stuff. We're looking at redesigning that case anyway so it may well be a little less long. It's around the length of the AX8 already. Weight will come down with an aluminium casing. At the moment it fits nicely in the top pocket of my Ritter case or in the front of my cheapo Thomann FX bag which carries the AX8 so it's not too huge.
140 watts RMS at 8 ohms which does mean that the 16 ohm power is only 60-70w. Increasing that power would mean adding a couple more Mosfets which would of increase the cost and heat etc. No final decision on price but certainly not expensive.
I've been testing the old prototype in a really difficult room (concrete walls, drums frighteningly loud) and it's had no problem running into a passive FR12 at 8 ohms. Tons of headroom left. Once we get the boards in, it should be fairly quick getting it sorted, just the casing and final sound to tweak (whether a soft bottom end or "flat").