Most on here will most likely disagree with me about amt vs ribbon tweeters. They do have separate patents, but that doesn't dismiss the FACT that they are different applications on a similar design.
An AMT is a ribbon that has been folded. This can change frequency, dispersion patterns etc, but none the less dissect them both and you will find that a Air Motion Transformer is in fact a folded ribbon.
Like a horn or dome or any design, there are many variations and most sound different from one another. To directly answer your question, they are fast, typically fairly smooth, often, but not always have a rise on the top end. Used properly, AMT's are normally a very satisfying driver to listen to. Like Ribbons, you will find some excellent examples and some that can make your ears bleed. So Not all are created equal, good luck, Tim