My Kubota B2400HSD with 18 pto hp drives a Bush Hog post hole digger with 6, 12, and 24" diameter augers. The 12" auger goes into nearly rock hard Georgia clay with a little extra weight on the phd and has never stalled the tractor even at 1800 engine rpm.
The 24" auger will not penetrate hard clay at all unless it is wet (and that creates a huge mess). The 24" auger will penetrate normal pasture loam fairly easily but you have to go slow or the tractor will stall or the shear pin will break.
I have a Kubota 2900 as well, but the little B2400 has been more than adequate so I have never even tried the phd on the 2900.
My experience has been exactly like jimbrown, jimgerken, and weldingisfun describe. My main problem is that the 3 point hitch on the B2400 is not strong enough to pull the 24" auger out of a deep hole if the flights are full of dirt.