The X10 transmission takes place within the first millisecond after each zero crossing of the powerline. That is when a dimmer set to almost 100% brightness will turn on. (Actual 100% would turn on at the zero crossing itself.)
The XTBM looks for several kinds of noise. It is most sensitive to noise that can mimic X10 transmissions, but it will also register particularly large transients that are shorter than a normal X10 transmission when they occur inside the X10 reception window. As I recall the ringing had to last at least half as long as that required for a X10 module to register a logic "1". The rational is that if there is something there now, it might get worse.
Most dimmers include an inductor to prevent RF radiation by damping the very fast rise in current when the dimmer turns on. Depending on how well damped the powerline is, there can be some ringing as that inductor dumps the energy it absorbed back onto the powerline. So it is entirely reasonable that a dimmer switching on during the X10 transmission window could produce a transient that is picked up by the XTBM. While that can register as a strong noise level, understanding the source, I doubt that it could increase in length enough to cause a problem.
During the design stage, the XTBM actually displayed several types of noise - long-term average, short-term average, peak, and transient - where decoded commands are now displayed. That presented a bunch of confusing numbers, and I thought a single number indicating the worst-case noise would be the easiest to use.
FYI: I just checked three heavily loaded dimmer switches here (Leviton 16383) all feeding incandescent loads. (Those lights are in areas only used when we have guests, so they are still incandescents.) On one circuit powering 360W of incandescent load, the XTBM on that circuit toggles back and forth between N.00 and N.01 when at full brightness. The XTBM registers N.08 for the transient when the brightness is set one PalmPad dimmer step down from full-on, The transient moves out of the X10 transmission window with another step down, and the noise indication goes away. Neither of the other dimmers results in any noise indication on the XTBM, regardless of the brightness. Those are powering similar high wattage loads.
Jeff