Magico compared to Tannoy

"Magico has the latest drivers and cabinets Tannoy has fifty year old cabinets and drivers.They both have cult like followings."

Well, just because something has the latest whatever does not necessarily mean it sounds better, but you should know that. There are some "old" tannoy drivers going for a small fortune, that should tell you something. The fact is you are assuming things about current Tannoys....they have fused current technological advances into their drivers, yet have retained the original design philosophy (ie..the current Legacy and Prestige line), meaning that the materials used in the surrounds as well as the crossovers are "up to date". As far as 50 year old cabinets, I bought mine in 2019, so only a few years old. Why change something that is beautiful to look at?? Tannoys have some of the most fantastically crafted cabinetry in the business. If you want to use turtle wax on your speakers then go ahead...I’m saving my turtle wax for my automobile. Lastly, I would not necessarily say that Tannoy has a "cult-like" following....just that once heard, most tend to NOT go back to conventionally designed separate driver speaker.

Tannoy are not the best speakers there is now certainly ...

It is very simple to guess that....

 But in ratio S.Q./ Price they probably are, if not the best, one of the best...Buy a used pair of one and forget the best....

This is not difficult to figure out even if we have never own them...

I have a pair of Gold Reference Sterlings  that I picked up for an incredible price. They sound and look beautiful. They shine with Frank Sinatra, Julie London,Dean Martin, Jazz and Classical. Just my two cents. 

Over the last 40 years, I’ve owned several systems that I still have in my rec room.  Three years ago, I decided to build a dedicated listening room and started with a pair of Tannoy DC8Ti speakers.  I bought them used in like new condition for less than 50% retail, and then built my system around them.  They are beautiful and sound fantastic to me.  

I’ve heard better speakers at higher price points, but I’m quite content with what I have.