There's been a resurgence in open-baffle designs.
Earl Geddes has identified and fixed a major source of horn coloration with his open-cell foam filled oblate spheroidal wave guides.
Tom Danley invented the unity summation aperture (a multi-way point source horn) and tapped horn for bass. He's produced compact bass horns that get a lot of the horn size from the environment.
DSP and digital amplification makes it easier to realize multi-amplification in high output active designs.
There are newer drivers which are linear over higher excursion (for more output, or a MT array with the same output as an MTM but better polar response).
There are newer drivers with less distortion and stored energy, but this is a minor change when you have good polar response and a correctly executed cross-over.
There are more small makers which essentially charge you for parts plus a furniture maker's time. You can get much more attractive veneers and solid hardwood pannels without spending five figures.
OTOH, if you buy a generic speaker with generic drivers it's unlikely to be appreciably better than an older speaker. It'll just cost more due to inflation.
Earl Geddes has identified and fixed a major source of horn coloration with his open-cell foam filled oblate spheroidal wave guides.
Tom Danley invented the unity summation aperture (a multi-way point source horn) and tapped horn for bass. He's produced compact bass horns that get a lot of the horn size from the environment.
DSP and digital amplification makes it easier to realize multi-amplification in high output active designs.
There are newer drivers which are linear over higher excursion (for more output, or a MT array with the same output as an MTM but better polar response).
There are newer drivers with less distortion and stored energy, but this is a minor change when you have good polar response and a correctly executed cross-over.
There are more small makers which essentially charge you for parts plus a furniture maker's time. You can get much more attractive veneers and solid hardwood pannels without spending five figures.
OTOH, if you buy a generic speaker with generic drivers it's unlikely to be appreciably better than an older speaker. It'll just cost more due to inflation.