I am still blaming the veneer softener. The other speaker does not exhibit this problem, and I used veneer from the same sequenced set on that one. The only difference was one used softener and the other didn't
Actually, now that I think about it, I ironed the hell out of the first speaker compared to the second. I had to sand quite a bit to remove burn marks from the iron on the first speaker. I used cotton towels with steam on the second speaker and produced no scorched marks whatsoever. So, the differences between the two finishes could also have been cause by heat or sanding differences
The veneer softener might well have a lot to do with it. The bottom line is, that, your speakers were two different projects. Two different approaches, and ultimately two different results. Sometimes it's not that easy to isolate where the problem actually is.
As a note, there are certain things we never do separately. For example, on a pair of speakers, we do everything to both pairs, at the same time. We don't veneer, sand, stain, or finish one speaker on one day, then do the other. We do them together, at the same time, at every step. Particularly with the final stages.
Sanding for example. We use D/A sanders for the bulk of sanding, but finish by hand with sanding blocks. We will do the speakers together. Your hand pressure on the sanding block will be different everytime you sand. So you do them close together. Not one speaker in the morning, then one late in the afternoon, or the next day. We can actually adjust the darkness of color (when staining a speaker) by sanding. Some people might think that's overkill, but it's not. When we run a job with a lot of panels, or doors, we will sequence the job, so there will be no interuptions in the task, be it sanding, staining, or finishing. No exceptions. Without this, consistency, is hit and miss, even for really experienced people.
I like your suggestion of using a dilute stain to find discoloration issues on the veneer. Great idea!
Yeah, works great!

More importantly, it'll highlight any sanding scratches or swirls that have been missed, that'll show up tremendously with fully concentrated stain.
I chose Titebond I over Titebond III because of the difference in temperature required to iron on the veneer. According to what I have read, the Titebond I requires a much lower temperature.
I don't have a lot of experience with the Titebond adhesives, so I can't comment a whole lot. And we don't use any heat set methods. We use primarily PVA adhesives, and I really can't remember any failures. With paperback veneer, we use contact cement, and have never had any failures or issues of any kind.
I recently learned that sapele is a threatened species, so I have chosen a flat cut birdseye maple for my OB-5's. Is this veneer susceptible to this issue? Any issues with maple I should be aware of? Is maple susceptible to cracking? Can I skip the use of veneer softener?
Figured woods are usually more brittle and difficult to work with. In solid form as opposed to veneer, they can be tremendously difficult to work, and machine, without tearout problems and so forth. But the birdseye veneer shouldn't be too bad. If it's paperbacked, it's been tenderized, so much easier to work with and is also less prone to splitting due to both the paperbacking, and that the tension in the fibres is broken during the tenderizing process.
In regards to the veneer softener, from what I understand, the water does the majority of work, but very temporarily. The glycerin is there to keep the veneer in a moist, plyable state, as water evaporates very quickly, and the veneer can (and usually will) do unpredictable things as it's going back to a dry state. It can buckle, and crack very easily. But apparently the glycerin
can affect the colour, and adhesion of finishes.
We virtually never use veneer softener, but I have used it in the past, with caution, but prefer not to, just because there is not a lot of concensus on the process and answers to troubleshooting in the event that problems arise. We've been able to for the most part manage without it, but with standard cabinetry, we don't usually do things that are sometimes called for with speaker building.
Cheers