There are several things above for commentary. I hope this response will address all of them.
I have experienced the midrange from many respectable drivers, Focal Kevlar, Accuton C95, Zellaton, Scanspeak (many), Seas 7"-8", and some other paper cone drivers 5"-8". My summary is as follows.
1. As frequency rises, a larger cone will beam, and the in-room response will generally decrease. If this is avoided, using a larger cone in the midrange is a non-factor.
2. As frequeny rises, a larger cone experiences different physical stress at the same spl production. The larger cone will have less movement/acceleration. The larger cone has a greater distance between the voice coil and edge to firmly support/hold rigid. I found little/no difference in midrange sound quality between the W18 and W22 Seas drivers. The only real difference between these 2 drivers is the cone size.
3. IMO, the primary factors for an effective midrange driver and implementation are.
a. A rigid cone
b. Avoiding cone resonance
c. Avoiding thermal compression
d. Flat response on & off axis
e. Low motor distortion
In these regards there are many midranges that appear good. The best appears to be the new Accuton C90 on paper.
As a side note, I developed a very good crossover for the Accuton C95 and OW1. It sounds good, very good, but not really better than the Seas W18 and OW1. I think the bass from the C95 is better, and midrange from the C95 is more... natural. However, the impact is not significant enough to warrant another product. The same was true with the SEAS W22 and OW1F experiment.
I am not sure if they are the "best" out there, but I am very willing to say that they are one of the "best" out there in terms of sound, quality, and value.
I agree, that's why I used the word "arguably" in my initial statement. Certainly there are other speakers on par with the Salk 3-way. The Joseph Audio Pearl, John K's NAO, and S.L. Orion are in the same league. The Burmester B99 might be better than the Salk 3-way, but I'd really have to hear the speakers in the same room. There was also a big Kharma speaker on par with the Salk 3-way.
Umm, Dave, have you heard the Orions, lately?
Nope, but I am comfortable conveying that any of the bigger 3-way speakers via the DIY guys will sound better. For most, spending the extra $3k is very unwise. However, 3 of my customers have upgraded over the years, and appear pleased.
1. S.L. Orion
2. John K's NAO
3. Jim Salk's 3-way
Also wanted to say "kudos" to you for recognizing a peer of yours and not starting some flame war or feeling the need to start a turf battle.
Well, that's because Jim and I completely understand the relative "turf". We both have a relatively solid financial foundation that has nothing to do with building speakers. We also both realize there is no real possibility of developing a solid financial foundation through building speakers

There is no sense arguing over financial turf when there is no real financial turf to obtain.
And... Jim does very good work. Jim is good, good, good for the hobby of speaker building.
Dave