DVV,
I agree that you need dynamic headroom in any "audiophile" quality amp/speaker system, but I just don't equate hard rock at 110 dB with audiophile, the distortions inherent to that spl is integral to the very reactionary message of rock. And the number of times that live symphonic music reaches above 100 dB is rare IMO. I also agree with others that typical SET/single driver sound is only suitable for limited musical genres. IMO most of the SET crowd has simply dismissed deep bass, but I'd disagree on the matter of not reaching very high spls. Klipschorns with 300B amp (104 dB/w/m plus 9 dB of gain) is loud!
I agree with the most of the opinions expressed here, but like most things not all single driver speakers are created equal. My Bob Brine FTA-2000 single driver speakers don't noticable beam (at least to my 48 year old ears) until I leave my listening chair (no whizzer cone either) and they're rated 30 - 20,000 Hz, 89 dB/w/m, 8 ohms, and 80 watt peaks. Please note that I'm not one to stay tightly locked into a single position. At this rating the peaks in my 13 ft x 21 ft x 8 ft room should exceed 105 dB (nearfield, two channels). These drivers are Fostex F200As ($375 each) and are very smooth, musical, yet detailed. I can't imagine nearfield listening with two/three way speaker. As with any audio design, especially speakers, there are trade offs, so to each their own.