It's true that you may be able run 4 trains simultaneously with the V transformer, as long as they don't pull more than about 105 Watts combined. The 150 Watt rating is the V's input power draw from the wall outlet. With an approximate 70% efficiency, that works out to about 105 Watts on all of its output terminals combined. For heavier trains, incandescent lighting, smoke units, and certain high-current motors, running 4 trains simultaneously may be beyond this transformer's limits.
Then there's the issue of accessory power. Connecting accessories to track voltage can be done, but this can lead to other issues.
- If track voltage is around 18VAC for Command control (TMCC/Legacy, DCS, Lion Chief, etc.) then this voltage is higher than recommended and can cause the accessories to burn out prematurely.
- If running Conventional train control, the accessories' power source varies with train speed (voltage). Lights' brightness changes and may cause issues with other accessories.
Most accessories work best when supplied with a constant voltage of around 10-14 Volts AC. That's why I prefer to connect accessories to their own dedicated transformer output(s).