05-12-13: Mkash3
I imagine the PM1 is a much better speaker than the CM5 but I don't know why B&W didn't stick a 6.5" woofer in the PM1s!
The bigger the woofer, the lower the frequency at which the driver stops dispersing and "beams" instead. A 6.5" piston starts beaming at about 2100 Hz. Yet the CM5's crossover frequency is listed as 4 Khz, which has a wavelength of 3.39".
The PM1's 5" mid/woof (with a piston diameter more like 4.25") beams at a much narrower frequency range, and blends seamlessly with the tweeter, making for a very uniform in-room power response.
A larger woofer also requires a wider baffle (possibly less precise imaging) and a larger cabinet (higher price). If there's a speaker in B&W's lineup that hits several sweet spots at once--dispersion, power response, imaging, soundstage, tonal balance, compactness, gorgeous design and finish, price point--it's definitely the PM1.