Trying to get Heil technology into the lower end of the audio spectrum has little to do why they falied.
Yeah, sure they wren't buliding $11,000 speakers with a corespondingly high profit margin, but that too has little to do with good business.
Over extension, and failing to reinvest in their company was the main reason why they failed.
Take a look at the AMT 3, easily one of the finest Heil speakers out there, carefully designed 3 way, with quality drivers. Yes, they used cheap caps in the crossovers, lots of manufactors did in the 70's.
I would put my rebuilt set (w/rebuilt crossovers) up against any of the German made models.
Putting a $300 woofer and 'designer caps' doesn't guarantee good sound-engineering does.