This question popped in to my mind simply from some recent experience listening to some speakers at another audiophile's place.
I currently listen to some smaller floor standing speakers with good quality drivers (Joseph Audio Perspective 2 Graphene) and I find there to be a gob-smacking sense of clarity
and detail in to recordings. Along the lines of "how could it get better than this?" (And I've heard lots of other speakers).
Then I go over to my Pal's place and listen to a pair of big ol' Estelon speakers, one of the newer "it" brands in high end audio circles. I forget which new model, but they retail for something like $65K. Now, most of us have had plenty of experiences showing us that money doesn't necessarily buy you any better sound in high end audio. But I have to say, even though the presentation ultimately wasn't to my liking as much as my own system, they just seemed to obviously dig out more sonic information in the recordings. So for instance drums on a track on my system would be well placed in spatial terms, and I can hear if the drums were placed in a reverb. But the Estelon speakers just seem to effortlessly carve out precisely where the drums are in the soundstage and the precise acoustics or added reverb around the drums...and exactly where that reverb "ends" is more vivid and obvious. Basically there is this constant sense of more sonic information, presenting more precision about what is in the recording.
Which had me wondering what accounted for these differences. Better drivers? The more heroic efforts that went in to removing the influence of the Estelon cabinets? The whole design?
Now, that's just accounting for why this question was on my mind. Anyone can simply ignore the above example (it's just my subjective impressions after all) but still get to the issue I'm wondering about:
What is left in terms of speaker design to achieve, in terms of lowering audible distortion and hence retrieving more neutral sonic information from recordings?
(I add "neutral" because of course one can always hype a speaker's high frequency response to increase perceived detail...that's not what I'm talking about).
Are we done? Or is there more to achieve in terms of materials and design (drivers, cabinets etc)? Is a very flat frequency response all there is (since resonances will purportedly show up in frequency response)? Or could we take a speaker that measures very even, yet some upgrade in driver material/design or even more reduction in cabinet resonances may yield even higher sonic performance, retrieving some subtle details that were obscured before?
Where can we go from here?