Hi everyone, I'm new here but thought I would add my 2 cents.
I took a HUGE leap of faith and had my "local" Gallo dealer order up a pair after a) reading 6moons review (I take notice when speakers like AVG's are crated up for Gallos costing 1/10th) and corresponding with the author and b) speaker with a good friend who has an ear I trust - he demoed the Gallo Ref 3's against Dali Helicon 400's, Gershman Avant Guards, and Wilson Benesch (the little ones made of carbon fiber)... His conclusions - the Gallos were only a tick under the Wilson Benesch and much better than the Gershman and Dali. My dealer is a very nice guy but lives 100 miles away and was kind enough to offer the "if you don't like them bring them back" deal... Within a few weeks my speakers came in and were used for an informal amplifier shootout here in MN (as seen on the AVSForum) - BTW If multichannel is your thing the Lexicon LX-7 amp mates very very well with these speakers.
Anyway, on to my impressions:
The system:
Source - Sonic Frontier SFCD-1
2-channel pre - SF Line 1
2-channle amp - Anthem Amp2 SE
The speakers are still in the "break-in" phase but the changes are become subtle now so I feel comfortable writing this...
1) Frequency response - highs are excellent, very detail rich but not edgy or bright whatsoever. Mids are just right, I think they are fairly neutral to neutral-warm sounding. Mid-bass is very nice, a subtle warmth is imparted to the sound that is very pleasing to my ears. bass - in single coil mode the bass is nice and fast but the extension does not drop below mid 30's. When I use my Sherbourn 7 channel amp to drive the second coil the bass is very deep and fast - the speaker becomes an impressive full range speaker that can even satisfy those that like very deep bass like pipe organ and techno/trance/modern electronic music.
2) Soundstage - in a word, wow... I have heard my share of speaker that soundstage well but this speaker takes top prize both in width and most importantly, depth of soundstage. very holographic speaker that will give you goosebumps. The presentation is fairly relaxed - not very in your face, but the layering of music is simply amazing.
3) Imaging - My friends first comment was how well these speakers dissappear vs. others and he was right on. These speakers "hide" so well, many friends that have come over asked where the music was coming from - "what! those are speakers?"

A very minor complaint is that the soundstage depth is so deep sometimes the center image seems a bit fuzzier. I suspect this is more of a fault of the recordings and not the speakers b/c most of my CD's sound just fine.
4) Image Height - I too have noticed that the image height is not as high as I am used to. It does exceed the height of the speakers but not beyond 4-5 feet depending upon the recording. This is fine, but if you are used to monoliths in your room, the Gallo speakers will not throw as high of a soundstage. Am I bothered by it? Nope, the sound is so good, I don't care...
5) Other observations - a) I never truly understood what/how cabinets colored the sound until I purchased a speaker that was devoid of this (most of it anyway)... This makes the sound seem more pure and clean - but amybe that is the CDT tweeter? b) BFS has nailed it when they suggest this speaker plays a seemless, enveloping sound - it is simply a seemless soundstage wall to wall and fore to aft - very different from many speakers that accentuate the certain regions of the soundstage (to my ears). c) Off-axis response is good, but not the "best" I have ever heard but the sweet spot is so big that this is irrelevant. d) Placement is still key - I am limited in terms of space and so right now I have a large Salamander rack system (7 feet long) between my speakers, only after I pull the speakers (CDT tweeter) out from this obstruction do the spekaers reaaly begin to realize their full potential. I assume the CDT tweeter needs room to image properly and since it is so low compared to other speakers the rack gets in the way and ruins the superb imaging of these speakers. e) I just love the effortless sound of these little speakers - room filling. very dynamic yet very refined sounding. They bring a sense of space and natural pitch and timbre that is absent from most speakers I have auditioned... they are truly a bargain at 2600 list - I will be keeping mine and I look forward to the matching LCR Reference speaker that should come out later this year. I never heard any of the previous offerings but compared to other speakers at or near this price point, the Gallos are truly a spectacular speaker.
Speakers I have auditioned (brief list): Dali (Euphonia), Maggie (all), Vandersteen (2,3,5), Joseph Audio (most), Gershman, B&W (6,7,8), Paradigm Studio and Signature, Verity Audio, Revel, Snell, JM Labs, Sonus Faber, Linn, PSB, NHT, Meadowlark. Wilson Audio, Martin Logan
A few of these speakers do a few things better than the Gallos (for example the Maggies still image a bit better) but the Gallos just seem to get everything right and more importantly I find them far more involving than pretty much any other speaker listed above...
Sorry for the lengthy post,
Bob