How does it sound when you cross the KEFs at say 80 Hz?
Most likely the distortion comes from the enclosure and not the drivers.
I had the original LS50s and thy sounded excellent in the bass department because they have a natural high pass filter built in- no need for filtering the signal they receive.
As to your question, I believe REL stacks do something similar and on paper it has the chance to sound excellent. More than you might want to spend but the theory still has merit.