What are the pros & cons of sealed and ported speakers?
(The port can be used to increase efficiency or extend the low frequency response but not both at the same time. The response drops at 12db per octave below the cutoff whereas a sealed speaker drops 6db per octave below cutoff. Sealed speakers will inherently offer a tighter, better defined bass note than a comparable ported speaker. However, design, materials, and implementation will offer benefits and trade-offs for either design.)
Why are the most expensive types of speakers sealed?
(They are not. Wilsons are ported, Magico's are sealed as two prominent examples.)
Are there any $20k and up ported speakers?
(See above.)
(I have both types of speakers, but overall I prefer the sealed box speakers of which I have three pairs.)
(I always liked the description of the port as a resonating column of air no longer directly controlled by the woofer)
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