BTW,David....Some direct competitors would be Ridge Street Audio Sason,Dynaudio C1,JM Labs Micro Utopia,Sonus Faber Guarnieri Memento etc.
I have heard the first version Sonus,and Dynaudio,as well as the JM Labs.NONE of them are as good as the Magico,IMO.BUT they are all wonderful,IMO.
I have heard the Mark and Daniel Monitors,which cannot touch the Magico,but there was a review of a speaker from VOLENT(the V2 monitor)on the web(one of the popular sites(six moons?),which have the exact mid/bass driver as the original Magico model 1,with a super duper ribbon tweeter,and a cabinet that is STUNNING(cabinet from Italy,speaker from China).The company has been building speakers for ten years,according to the review.
The reviewer,who loves mini monitors,was overwhelmed by how good he felt it was.He alluded to the fact that he heard the Magico,but hinted that he liked the Volent's as much.BTW,the Mini is sealed,the Volent ported.
The Volent sells(according to the review I read,for 5500 US dollars,without stand.They really fascinate me personally,but based on what the Magico's do at EBM's house I would find it hard to believe "they" will be knocked off of their "Monitor" throne.
Just as a personal aside...and forgive me if this seems like rationalization,but my own personal speakers,the original Avalon Ascent MK II(which I maintain to a pampered museum standard),sounds incredibly similar to the Magico's with a bit less upper midrange warmth.They are a bit more open in the upper mid(they have a fabulous two and a half inch aluminum/magnesium midrange driver).Maybe a touch more air in the upper regions,but the Magico version II is a bit more dynamic at the extreme top(just a touch more).To me,they are very similar in presentation.These comments could get "flack",but it's only my own opinion.One really has to hear the Ascents with todays TOP componentry.Quite surprising actually!!
I know some may not believe this,but the Ascent was a stunning,and "way" overbuilt design,with external crossovers,constant six ohm load,six inch thick front baffle,and ALSO a sealed box design(230 lbs with crossovers).BUT "they" are a three way design.The external crossovers offer a challenge to most wives.But they are gorgeous speakers,built when Avalon was owned by Charles Hansen(of Ayre),and really handcrafted.Four cabinet makers took two weeks to make one pair.They show up used very rarely,but at a "steal",price-wise.
The Magico Mini accomplishes what many three way designs do,in a smaller,room friendlier package.THAT is one feature,aside from superb performance,which put them in a very select class.
Good luck