True ribbons and AMTs both have strengths and weaknesses.
AMTs are easier to scale up in size and can cross over lower than practically sized true ribbons. They can also be very good at handling rather extreme amounts of power. On the downside they don't have as wide a horizontal or narrow a vertical dispersion as true ribbons.
True ribbons, specifically something like the RAAL used in many nice designs, are reportedly better at reproducing subtle variations in the signal than AMTs, and they have a great wide horizontal dispersion with a very narrow vertical dispersion. The downside of that great horizontal dispersion, however, is that it can be a mismatch with a lot of cone woofers at the crossover point - the higher a woofer plays the more it starts to 'beam' and narrow its dispersion, so a narrow dispersion from the woofer combined with a wide dispersion from the ribbon can make for a mismatch that leads to ragged off-axis performance.
Philharmonic Audio makes a great speaker in the BMR Philharmonitor which addresses the dispersion issue by adding a BMR midrange driver that has a very wide dispersion into the mix - the woofer doesn't have to play as high so it doesn't beam, the BMR midrange maintains wide dispersion through the crossover frequencies, and the RAAL ribbon can do it's thing up top. They're also not much more than the Ascend Sierras w/RAAL. Plus, the designer Dennis Murphy is known to be a crossover and speaker design wizard and has collaborated on many of the Salk sound designs.
http://philharmonicaudio.com/BMR%20Philharmonitor.html