The real irony to me is that the same people who vehemently argue for
the dynamics of horns are the same who think vinyl is king. You don't
get more dynamically compressed than vinyl.
@kosst_amojan
I really feel like I need to set the record straight here. Regarding vinyl (and I realize this is off-topic so I won't linger), I run an LP mastering operation and we do CDs too. As far as dynamic range goes, these days typically the LP is less compressed than the CD. This is because there is no expectation it will be played in a car, while there is every expectation that a CD might so they get some compression. But this simple fact is you can take any digital recording and master it to LP without any processing, so long as you don't run into an out-of-phase bass problem (which can usually be solved without processing if you spend enough engineering time with the project). Due to the generalized nature of your comment, I'm saying that its false. LP has dynamic range (ideally) that is nearly that of Redbook.
Now regarding 'dynamics of horns' there is an entirely different issue at play. First, much of the 'dynamics' that audiophile discuss is really distortion due to higher ordered harmonics; I find that usually you can substitute the word 'distortion' for 'dynamics' without changing the meaning of the conversation.
But distortion usually relates to amps, and many horn lovers use SETs, which make quite a lot of distortion. They have good 'dynamics' even when not used on horns :)
As far as the horns go, the distortion they make is related to the diaphragm and the curve of the horn itself. Modern materials are available to prevent the diaphragm from having any breakups in the audio passband; these materials were not available until the early 2000s. So if your impression of horn dates to prior that time, it may simply be out of date. The curve of the horn can be optimized by the use of CAD; again if you were listening to older designs you may not realize the progress that's been made!
Horns are still important because tubes are still very much around decades on after being declared obsolete. You really don't have to know anything technical about their benefits; understanding the economics is enough- tubes do something people like. But the thing is, tube power is expensive and so horns can be quite practical and as fast and transparent as the best ESLs if field coil powered.