Sure can.. First, don't think of the amplitude of a wave as cone position, think of it purely in terms of acceleration. If you've taken a physics class you know acceleration is velocity over time. It has a direction, so a car can be moving forwards (velocity) while accelerating backwards (slowing down) Speakers behave the same.. At the + peak of the sinewave, which way is the cone moving? Most people would say it's still... WRONG It's moving forward, because that's the direction it was moving a split second before max voltage. All the peak means is you aren't addding any new voltage and will be starting to add less. If you let off the gas does your car stop dead? It's going to continue moving that direction until the force of the suspension and the magnet pulling the other once the signal switches overcomes the speakers forward momentum.. Just after the peak on the way back down, which way is the cone moving.. Again, still forward, until opposing force can pull it the other way, however it is now accelerating backwards as it's moving forward, slower than before, like breaks on a car..... It's accelerating backwards, but moving forwards.. The cone is always moving.. Even if you apply DC, if your suspension was able to travel forever outwards, the cone would keep moving. So your cone is ALWAYS moving. Realize this all happens VERY quickly, 20-80 times per second it will do a full cycle so 40-160 times per second for each half of the wave.. Not alot of time factor at any point, but hopefully this sheds like on what the speaker is really doing with the signal it's given.
Now think of the sine wave signal again realizing the speaker is always moving. The x axis shows time, the Y axis is instantaneous voltage at any given point, right? CORRECT! haha. Anyways, if you want to calculate TOTAL power over time, you'd integrate, using calculus. If you've taken that you know it's simply area under the curve. So with 2 voltage charts, whichever area you could "shade in" more of with a pencil, has more total voltage over time and power applied.. That's where the clipped signal blows speakers. Where a non clipped signal wouldn't be putting out peak voltage, a clipped signal will be, so more power over time. That's not to say it's inherently any more dangeous than a clean signal at higher power however...
So if you clip the preamp signal and run it just under clipping at the output stage you can get the same cone movement by clipping the output stage and having a clean preamp signal.. Advantage would actually be to the clipped output here since it would have less power over time at lower volume levels, where it hasn't clipped yet.. If your going to clip, clip as late as possible in the gain stage. That way it's only amplified once and your not clipping an already clipped signal as that could sound bad at all volumes.