I suggest you investigate older designs such as Hartley/Lowther etc. - old whizzer cone designs or stuff used in car audio. Don't expect great linearity and bear in mind you will be forced to compromise between high levels of distortion/ringing/breakup/linearity but you can definitely achieve something that will be as good if not better than many audiophile designs....an have lots of fun!
One option would be to use the emminence bass guitar woofer - in fact some of you may recognize this as it is modified for use in a well known audiophile speaker. If you stick in a phase plug then you can probably get this to cover 40 Hz to 12 Khz really quite well (on axis - off axis will probably be a nightmare) and at impressive SPL levels (without a phase plug then I think it will roll off around 6 to 9 Khz - still usable).
Good luck and remember that in DIY it is safer to emulate a proven design rather than try to break a new path (unless you are a masochist!!).
One option would be to use the emminence bass guitar woofer - in fact some of you may recognize this as it is modified for use in a well known audiophile speaker. If you stick in a phase plug then you can probably get this to cover 40 Hz to 12 Khz really quite well (on axis - off axis will probably be a nightmare) and at impressive SPL levels (without a phase plug then I think it will roll off around 6 to 9 Khz - still usable).
Good luck and remember that in DIY it is safer to emulate a proven design rather than try to break a new path (unless you are a masochist!!).