The Signal likely gets way big and as there is no series resistance after V1 then it's just asking for trouble into PI section.
I've worked on and built a few glass amps and it seems to be a common problem,
you get more gain but you pay with crap tone.
Also if the AC voltage going to bridge is 275 Volts then you have in excess of 380 VDC and that won't help tone either.
IMHO, once past ~330 VDC EL84's just become room heaters an my bet is valve life will be reduced no matter how cool you bias it all.

The pro Junior schemo might give some clues. It's fixed bias but the preamp is likely a better more controlled setup for any 2 knob small Amp.

My own build which is a PJ circuit except output is Cathode biased and has no cathode cap. (C9 on your schemo)
I found it mucked up the tone at full tilt,, my guess is small Amps can't reproduce the extended bass anyway so deleted it. much sweeter drive.

Others here may know more.
Phil.