Hi Peter,
As Nick explained to me, the Lectron was designed for horns by a horn-lover. I've recently hooked mine up to some speakers I've just build using Edgarhorn DIY Titan's. Depending on how much you're willing to take on, these can be done in your price range. I still have some work to do on the speakers but so far the match is great! The only issue that arises is LF extension. But most horn schemes make use of subs. You might be in the same boat if you went with the Merlins.
As Nick explained to me, the Lectron was designed for horns by a horn-lover. I've recently hooked mine up to some speakers I've just build using Edgarhorn DIY Titan's. Depending on how much you're willing to take on, these can be done in your price range. I still have some work to do on the speakers but so far the match is great! The only issue that arises is LF extension. But most horn schemes make use of subs. You might be in the same boat if you went with the Merlins.