I've done both. If you and your remote station have good antennas, a low local noise floor, and the right atmospheric conditions, a little power can take you to the other side of the planet.
Probably the former but possibly the latter. Sometimes "conditions" are such that a tiny amount of power will go a very long way. Right now, near the peak of the solar cycle, 4 watt CB radios are sometimes heard thousands of miles away.