New Klipsch Jubilee, with active crossover.

"...I have to wonder if a 3 way would not have been better..."

The whole idea of the Jubilee is to make it a two way system where the top driver goes low enough to blend with the woofer section. It removes the crossover in the critical voice frequency range.  

I an really surprised to see a driver made by Celestion. I thought that when they sold the speaker making business and it faded into obscurity that the company had ceased to exist altogether. Are they still a force in OEM?

what an absolute hoot !

Why is it a "hoot"?

The WAF will be off the charts!