It does, there is a reason why Klippel offers them and Prof. Goertz does and show them, also see the advantage I showed above with a wide band driver when its high passed, we hear rather the MD at -10 or -20 dB than HD at -30 or -40.
For example, the HD plot gives the impression that above 400 Hz the distortions are not very audible which is actually true for a single tone like a sine sweep since they are lower than 3% and actually mainly 2nd order, 3rd oder which is more audible is less than 1%:
As you know from your review with the similar LGK such loudspeaker sounds extremely distorted though at the same level when playing music which has also at the same time a bass part, which can be seen at the multitone distortions which are at approximately 33%! (red curve):
Also as hearing experience tells with such small loudspeaker when they are sufficiently highpassed the audible distortion drops significantly which can be seen also by the more than 10dB drop above.
With a single tone, we can easily perform psychoacoustic modeling of audibility. With dual tone, you are on your own. Modeling that masking effect becomes much harder. Add more tones and you really have no idea what is going on.
There are different issues, also I haven't seen any posted psychoacoustic evaluation at the typical HD plots shown?
Also it is not that I see no use in the HD plots, but they tell different things and I would rather have both complementing the distortion view of a loudspeaker. Neumann has some nice examples at pages 15-16
https://en-de.neumann.com/product_files/7950/download which show the significant multitone distortion difference of loudspeakers when the number of ways/drivers are increased, although the harmonic distortion measurements of all are low.
There is no metric to apply to those graphs either. How do you compare one shape of graphs to another???
Like you compare HD plots, the higher the distortions are the more probable it is to hear them, same goes for the frequency regions where distortion is more audible.