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Hey there Todd..Can't give an opinion regarding the MkIIIs as I have not heard them but having owned the MKIIs and now the Annies, that I can wax eloquently on that comparison. The MkIIs were great...just not as great. The Annies are more revealing without fatigue, the lower bass is tighter and the midbass has greater slam. When I bought the Annies I was anxious about pulling the trigger but now that I've lived with them for nearly two years there could be no going back. Again, can't comment on the MkIIIs but no doubt they are awesome as well.