Ok, I'll try: for one it achieves controlled and moderatlely wide directivity. It achieves this primarily with the wide and contoured baffle. This kind of directivity creates strong imaging but at the same time a pleasant feeling of spaciousness, given the spectrally correct field of reflections. Controlled directivity is not unique for thr LS1, of course. But its directivity is wider than that of the Kii3 or the 8C or the Genelecs (I think - writing from memory here).
Bass is very good for the size of the speaker.
Frequency response very good, no resonances to speak of etc.
Drivers which work very well for their intended purpose.
Active crossover - probably has benefits - and light use of DSP which doesn't "overcorrect".
Everything else is top-notch, though the audibility of all of that is very much up for debate - amps, dac, jitter, etc.
Pleasing to the eye, which fools our foolish brains/ears into thinking the sound is also more beautiful.
All in all it's a complete package which really does most things right. (the designer Bruno lays out the rationale for the first version here:
https://pdf4pro.com/view/ls1-l2-grimm-audio-5aed63.html)
I very much doubt, however, that one would be able to hear differences between the BE version and the first version. I may be wrong of course, but that's my hunch.
And it's very expensive. So why not just buy the Kii3, the D&D 8C or Genelecs? Having listened to all of these speakers many times I do think that the LS1 is one step up. That assessment is all sighted and may be heavily biased, but that was my impression. Many people also find the LS1 more pleasing to the eye, which may or may not be important for the purchasing decision.
Would I buy it if I had the money? Probably. A man gotta allow himself some pleasures, and I'm a non-drinking vegan who doesn't drive or fly, so there's not that many vices for me left, other than spending obscene money on unnecessary audio thingies. But for the foreseeable future it will probably remain out of my price range.