Having heard them at the same meeting as Dgarettson, I'll add I thought they were well-balanced tonally, with exceptional treble and midrange; lacking in the last octave of bass; and better suited for a smaller room than the very large one we were in. I didn't really notice the discontinuity in the bass, but it is likely there, in a slight amount. Not a head-banger's speaker, and probably better suited to smaller scale ensembles than a Mahler symphony, but a good speaker for sitting back and forgetting hi-fi and listening to music. I agree that at $8K they are a relative bargain in the (admittedly overpriced) world of high end speakers. But I'm not sure if it's a step up from your Piegas but rather just sideways, having also heard them. Worth hearing the Reference 3As, though.