ARC will soon be introducing the LS26, which will be a replacement for the LS25 MKII. According to ARC, the LS26 corrects some of the complaints levied against the LS25 MKII, such as "dryness" and a lack of musicality. It is a scaled down REF3.
I own the LS25 MKI (with NOS 6922) and prefer its tonal balance, liquidity and musicality compared to the LS25 MKII
I own the LS25 MKI (with NOS 6922) and prefer its tonal balance, liquidity and musicality compared to the LS25 MKII