First of all, there are exceptions to any generality put forward about this or that type of loudspeakers. And often it is these exceptions to the rule that are the most exciting.
Horn systems: These typically use a horn-loaded high frequency compression driver, but sometimes it's conventional cone(s) or dome(s) loaded by a horn. More rare is the horn-loaded low frequency driver - these call for very large enclosures. The back-loaded horn is a subspecies normally used with a full-range driver. Horn systems excel at dynamic contrast, one of the things that differentiates the live music experience from the reproduced experience. Poorly designed horn systems tend to sound harsh in the midrange and/or treble region, but well designed horns do not. Good horn systems are capable of very natural-sounding tonal balance (this is a fairly complex subject that I can go into if you'd like). Horn systems are likely to work well with low-powered specialty tube amps, and therein lies much of their appeal.
Planar speakers (including ribbons and electrostatics): These are typically large or at least tall systems that sometimes use a conventional woofer for the bottom few octaves. Much of the challenge in that case is getting a good blend between woofer and dipole planar driver. Some planars are "fullrange" - that is, no conventional woofer is needed. In my opinion these sound better, but for a given dollar amount they won't play as loud or as deep. One advantage of planar-type drivers over conventional cones and domes is a better power-to-weight ratio, which translates into better inner detail and resolution. Electrostat and ribbon devotees argue over which has the higher resolution; I'm in the electrostat camp. Often (but not always) planars have smaller sweet spots than other types. Dipole planars tend to give a nice sense of spaciousness along with negligible levels of coloration. Now some planar drivers are used as monopoles - that is, they radiate in one direction only. In practice monopole planars are usually comparable to a very good dome tweeter except they have a narrower radiation pattern (which may or may not be desirable depending on the application). A good planar delivers excellent timbre (tonal and textural quality) of voices and instruments, but is often low in efficiency and demanding of amplification and space within the listening room.
Direct-radiator dynamic speakers using cones and domes make up probably 90% of what's on the market if not more. There's an enormous variety of direct-radiator dynamic speakers out there, so generalities are dangerous to make. But in general, dynamic speakers will give you the deepest bass in the smallest box, and the best-imaging speakers are usually direct-radiator dynamics. To be specific, the best imaging I've yet heard was from a fullrange single-driver speaker; it didn't use a separate woofer and tweeter. To my ears most direct-radiator dynamic speakers have compromised tonal balance, but their cost-effectiveness and popularity are evidence that I'm in the minority here.
If your highest priority is for the excitement and liveliness of a live performance, in my opinion that's probably best served by a good horn system. If you are looking for openness with minimal coloration and don't mind trading off some liveliness to get there, then a good planar will probably best serve you. If you're looking for deep bass extension and/or holographic imaging then perhaps a direct radiator dynamic is what you need.
Once again, these are generalities - and it is often the exceptions that are the most exciting.
Duke
dealer/manufacturer
Horn systems: These typically use a horn-loaded high frequency compression driver, but sometimes it's conventional cone(s) or dome(s) loaded by a horn. More rare is the horn-loaded low frequency driver - these call for very large enclosures. The back-loaded horn is a subspecies normally used with a full-range driver. Horn systems excel at dynamic contrast, one of the things that differentiates the live music experience from the reproduced experience. Poorly designed horn systems tend to sound harsh in the midrange and/or treble region, but well designed horns do not. Good horn systems are capable of very natural-sounding tonal balance (this is a fairly complex subject that I can go into if you'd like). Horn systems are likely to work well with low-powered specialty tube amps, and therein lies much of their appeal.
Planar speakers (including ribbons and electrostatics): These are typically large or at least tall systems that sometimes use a conventional woofer for the bottom few octaves. Much of the challenge in that case is getting a good blend between woofer and dipole planar driver. Some planars are "fullrange" - that is, no conventional woofer is needed. In my opinion these sound better, but for a given dollar amount they won't play as loud or as deep. One advantage of planar-type drivers over conventional cones and domes is a better power-to-weight ratio, which translates into better inner detail and resolution. Electrostat and ribbon devotees argue over which has the higher resolution; I'm in the electrostat camp. Often (but not always) planars have smaller sweet spots than other types. Dipole planars tend to give a nice sense of spaciousness along with negligible levels of coloration. Now some planar drivers are used as monopoles - that is, they radiate in one direction only. In practice monopole planars are usually comparable to a very good dome tweeter except they have a narrower radiation pattern (which may or may not be desirable depending on the application). A good planar delivers excellent timbre (tonal and textural quality) of voices and instruments, but is often low in efficiency and demanding of amplification and space within the listening room.
Direct-radiator dynamic speakers using cones and domes make up probably 90% of what's on the market if not more. There's an enormous variety of direct-radiator dynamic speakers out there, so generalities are dangerous to make. But in general, dynamic speakers will give you the deepest bass in the smallest box, and the best-imaging speakers are usually direct-radiator dynamics. To be specific, the best imaging I've yet heard was from a fullrange single-driver speaker; it didn't use a separate woofer and tweeter. To my ears most direct-radiator dynamic speakers have compromised tonal balance, but their cost-effectiveness and popularity are evidence that I'm in the minority here.
If your highest priority is for the excitement and liveliness of a live performance, in my opinion that's probably best served by a good horn system. If you are looking for openness with minimal coloration and don't mind trading off some liveliness to get there, then a good planar will probably best serve you. If you're looking for deep bass extension and/or holographic imaging then perhaps a direct radiator dynamic is what you need.
Once again, these are generalities - and it is often the exceptions that are the most exciting.
Duke
dealer/manufacturer