Yah I thought you had a good reason for settings. With your description; more mids with the overtone and more bass with the bluesmaster I imagine with that in mind that the overtone might cut through a bit better in a band situation and stick out a bit better in the mix.
Well at first I thought the same but when you play these amps really loud they act differently. OTS sound farty on the bass side and a little congested in the mids compared to BM. BM has better string definition as well.
That's why I said that my clips are not exactly what I can hear in person.
Judging these amps from clips or even worse, from youtube is really not fair. It will give you an idea but far from the real thing.