I believe what you are hearing is the difference between the ported H IV vs the unported H III. Ported speakers have deeper but often looser bass extension than ported designs. The original Heresy's were unported for a reason.
Heresy IVs
Well I just put 7 hrs on the new IVs and compared to my IIIs right off the bat they seem less efficient. I had to turn up my preamp 3 clicks up to get same volume from same song. There will be more bass after woofer loosens up. Possibly a bit more details mids and highs. As someone says could be a bit more refined. Soundstage maybe a bit deeper with better layer separation but not wider. The overall character I feel is a bit leaner and dynamically constipated. Not as fun as the IIIs. When I got the IIIs I was enjoying the music right from the get go. With the IVs I’m analyzing the music more. I personally think they never should have ported speaker. But the changes in the mid driver and treble phase plug seems to be an improvement. Overall it's a lateral move doesn't kill the IIIs in my opinion.
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