The primary audio characteristics I want to achieve in my system is an open, uncompressed, unstrained, and highly dynamic presentation. A horn does all this a more and can run off low power thus very little thermal compression. Hoffman’s Iron Laws of Speaker Building
1) Bass Extension
2) Efficiency
3) Small Enclosure
The law is that you can only have two of these three attributes in speaker building. Ideally we would want all three, we want speakers with good bass, can play really loud, and are small. Unfortunately we cannot have all these.