Some thoughts...
There is no perfect speaker design, each are compromised.
But each of us have our own priorities that will dictate which design could sound the best.
For decades marketers have been trying to convince us of the need for 20 - 20,000 Hz response at 120 dB, but most listeners are amazed the first time they sit down with a spl meter and test tones to find out how little sound (let alone music) exists at either frequency extreme and how damn loud 100 dB really is. For decades marketers have been trying to convince us of the need for 20 - 20,000 Hz response at 120 dB, but most listeners are amazed the first time they sit down with a spl meter and test tones to find out how little sound (let alone music) exists at either frequency extreme and how damn loud 100 dB really is. Alas its now a "macho thing" to brag over specifications like these. Alas its now a "macho thing" to brag over specifications like these, and so hard for most to back down from. But I highly recommend that anyone investing $1000 in audio/HT equipment spend 20 minutes with the meter/test tones.
If your priorities go towards home theather dinosaur stomps or ear bleeding/lease breaking spls you'll need more drivers and crossovers. But if your room is 2,000 cubic feet (such as 12 ft x 20 ft x 8 ft) or so, your focus is on music only, and you're only interested in achieving 105 dB (symphonic concert peaks) then two way designs can work very well. The satellite/sub concept is decades old and quite valid for larger rooms and more remote (home versus studio monitoring) style of listening.
With more crossovers there will be more issues trying to match the voicing of different drivers (types, brands, dispersion patterns); phase alignment between each driver; and synergizing between the amp(s) and each driver. And inevitably when cost are considered the quality of components can be compromised as their number increases.
OTOH all these issues go away with single driver designs. However nearly all of those lack deep bass, many "beam" at high frequencies, and most have limited output. But the coherency, imaging, and direct (active) amp to driver interface can yield impressive results when used for music only applications.