Best Two-Way Monitor Speakers under $700 New/Used

Monitor...misleading term used (being used) to mean exactly what?

You "monitor" with what you've got. Speakers used by professionals in most cases will not fit into this category. Now asking to find outstanding speakers for the amount specefied is a much more intelligent question.

Kind of like, years ago, asking if the "stereo is "hi'fi.""

Mechans: Not at all. OP should have stated that if it was the requirement to have "Monitor Brand" product. Altec A7 is/was a monitor. Not small. I even had an opportunity to try and pitch a large Electro Voice to the Boston Symphony Orchestra about 1971, and sold some Altec 604s with cabinets to the Christian Science Publishing Company about the same time. So, size is not necessarily the defining factor, and not necessarily small either.

Johnnyb53: Then I'm sorry for giving the impression, but then why does someone want to dress up the word "bookshelf" with the shiney "monitor" and make it seem that the term "misleading" has no validity? Is marketing the only thing that has value? In other words, any speaker maker now uses the words "monitor" and now that magicaly transforms what could be the most miserable drek into the "cats meow?"

After reading your last reply, then doing a quick websarch for "bookshelf" speakers, I got plenty of hits from different brands, and only a few came back with the refined description of "monitor." But that's neither here, nor there. I have been also checking into what are also called "studio monitors" as well and I do see where smaller speakers than the JBL L100/4311 have come into play. Combining those particular trends and the fact that some pretty poor varieties of speakers have been used by recording studios to give passable sound quality for the boombox and step above variety. So we both understand each other, I assume and I'm being careful here. I also tend to think you're not angry trying to express your point of view either. But I'm not sure. I guess one can no longer just accept the request for "the best performing speaker for XX$"