Think of a crossover point as actually being 2 filters:
1 - High Pass
2 - Low pass
So, in a traditional 3 way there are 2 crossover points but 4 filters. Got it?
With a 2.5 way, there is a missing filter. The driver that would otherwise be the midrange misses a low pass filter. That is, you have two drivers playing all the bass.
The benefits are better efficiency than a 3-way using the same woofer size, in the smallest possible footprint for that woofer.
They are very good choices for modest to medium sized listening rooms.
1 - High Pass
2 - Low pass
So, in a traditional 3 way there are 2 crossover points but 4 filters. Got it?
With a 2.5 way, there is a missing filter. The driver that would otherwise be the midrange misses a low pass filter. That is, you have two drivers playing all the bass.
The benefits are better efficiency than a 3-way using the same woofer size, in the smallest possible footprint for that woofer.
They are very good choices for modest to medium sized listening rooms.