best sounding small speakers

Well since the thread's title references small speakers, the Acapella and Audiomachina products certainly qualified. Both have front baffles around 6 inches wide! Tha Magico's have a cabinet width of 12 inches and while they are stand mounted, I don't consider them in the same category as the Acapella's and Ultimate Monitor- at least in the physicality of the product. BTW, I own the the Acoustic Energy AE-3 Ref Mk II which is floorstanding with a cabinet baffle of 7.25 inches. The AE's are rear ported while the Audiomachina is sealed and the Acapella is ported at the base of the cabinet. I'm inclined to think that the Audiomachina may have the best performance among all candidates in a small room.

Hard to beat SF Guarneri Homage for voice and midrange. I use them with an REL Brittania B-1 sub. I sold Watt/Puppy 6's because the SF/REL combo is much more musical and you don't a fork lift to move them around. 50 high quality tube watts per side and you have vocal and string nirvana.

The original Red Rose monitor (the ribbon mounted above the cabinet with an oversized grill) is the most satisfying small speaker I've ever heard at any price. Very fine sound with ridiculous bass response for a speaker this size.

B&W 805 Signatures or Sonus Faber Extrema should be considered for Hall of Fame status.

Harbeth's - I have owned monitors from B&W, Merlin, Tyler Acoustics, Dynaudio, and other large and much more expensive full range speakers the Harbeths sound like music. I own the SL5's and their other models have a simular sound. Harbeths are the type of speaker that you can listen to for hours with no fatigue. They also sound great at low listening levels.