I listened to both speakers at the HE show in SF last year.
Both are great speakers and you can't go wrong with either.
The Lorelei was auditioned in a very small room while the Ref3 was in a rather cavernous room. So I couldn't do an apples to apples comparo.
I can tell you that the Lorelei (and all Odyssey speakers for that matter) sounded REALLY good and consistently offered the best sound in their price brackets by a good margin.
The Ref 3 played big for such a small speaker and imaged well, but played less immediate than the Lorelei, but that's b/c it was in a large room.
All in all, the Lorelei just sounds
right. A very nice piece of equipment.
