Yeah, over the years, I've had many different Peavey products (guitars, amps, etc.). They may not be the most stylish, but they are solid pieces of gear.
I have had many amps over the years, but for my purposes, the Delta Blues is great. It is just right amount of tube wattage, I love the 15in speaker, and all the controls are plenty to get a variety of tones (for a fraction of the price of a Fender tweed amp).
I am happy with it.
I don't have any experience with Valve Kings.
I guess, as with any gear advice, do some research, go on your hunch, but try it out with your own ears and guitar and go from there. Remember, every amp (even every Delta Blues amp) sounds slightly different. So, plug and chug!