Agree 100% with both of you on this one.Boy am I with you on this!
Those Revel speakers are just brutal, visually, IMO. I find myself so distracted by the phalanx of blaring white drivers. Not only distracting for movies, but for me distracting for listening. When speaker drivers are shouting for attention visually I can't help but map the sound to the drivers. That's why I prefer grills on speakers.
My speakers sound really good with grills on, but a little bit more open with the grills off. Fortunately in my listening room I have fine control over the spot lighting, so I have a lighting "mood" setting where the spot lights are not hitting the front of the speakers, and even with the grills off I don't see the drivers.
If a guy likes his stereo to feature big bright blue meters and sparkly racks with massive power cables etc. I don't think it is my place to tell I think it is hideous looking, but for a home theater, and especially a room with projector where light control is key, having a pile of crap around the image is pretty lame.
The image below is a proper home theater.