There is flatly no transducer system you could buy now or probably ever build that could reproduce the dynamic range of real life. And that is a weakness of all speakers, regardless of size. I'm just pointing out that if you could get another 5dB out of the speakers, you wouldn't really be any closer to the "truth." Still, I agree that more dynamic power is good, and that's one thing I like about big speakers. However, I think many people lose sight of the forest for the trees, here.
You are correct about the many activities that can harm hearing. Concerts are bad, as are motorcycles (which, frustratingly enough, seem to be exempt from the regs that car mufflers must meet), power tools, and a favorite pastime of mine, shooting (NO transducer could even HOPE to match the spl of a gunshot, not even within 30-40 dB. Hearing protection is an ABSOLUTE MUST for this activity).
However, you are kidding yourself that overly loud music isn't one of the greatest dangers. A lawnmower is loud, but how long will most people run one at one shot? I've known HUNDREDS of people, mostly young, that will listen to loud music fore hours at a time. This occurs in cars a lot, too, with systems that (from a sheer SPS standpoint) will clobber most home rigs.
My speakers will output a max of 111dB, probably more for HT where I have five of them and two subs. This surely won't cover the very last dB of creshendi, and it would be nice to have the muscle, but I don't play music that loud in the real world very often.
IMOHO, most of the speakers that can reach very high spl don't happen to sound very good. And the rest I can't afford!