I also like Marty's post. Another advantage is there are no cabinet colorations caused by resonance and reflections.
Small panels have less bass and often employ a dynamic driver that is difficult to integrate in to the sound of the panel. Although I think Sanders does a good job at it, the best I have heard are the large electrostatic speakers. Those have phase advantages; i'm not sure if cone drivers can be as good in that area. To get first hand knowledge of panel speakers listen to more brands than Magenpan and ML.
Small panels have less bass and often employ a dynamic driver that is difficult to integrate in to the sound of the panel. Although I think Sanders does a good job at it, the best I have heard are the large electrostatic speakers. Those have phase advantages; i'm not sure if cone drivers can be as good in that area. To get first hand knowledge of panel speakers listen to more brands than Magenpan and ML.