LarryI, that is funny because I went to Vu's this past Friday and heard the same speaker and had the same reactions...exactly. The speaker in question is the 3-way field coil system with GIP drivers. I had somewhat mixed feelings about it at CAF although it clearly had lots of potential. I was inclined to blame the hotel room as being too small for a large speaker like this, however Vu said the room at his store is nearly identical in dimensions to the hotel room at CAF. In any event, at the store on Friday, after the system was warmed up the speaker had excellent coherency (something lacking at CAF) and excellent detail and dynamics. I thought that perhaps the bass was not quite as full and weighty as what I heard at the show but that could have been due to the music selection. Our listening on Friday started with the system totally cold---everything had to be turned on first---and the sound was a little disjointed for the first few minutes but it got better and better as we listened longer. Without any doubt, this is a very good sounding system and the GIP drivers are capable of excellent sound quality.
I didn't listen long enough to the GIP speaker to be able to draw comparisons with other speakers, and I bet Vu would disagree with me on this, but as good as the GIP speaker was I think I actually preferred the sound of one of the YL speakers Vu had in the same room on my last visit. That speaker used a big YL wood horn with YL 5500G driver, Goodmans 15" woofer in open baffle, and some tweeter (it may have been a Jensen RP-302). The YL speaker had the advantage since it was fully warmed up when I listened to it, but I still recall how totally realistic Ella and Louis sounded that day.