I don't think the HTM-12 measures nearly as well as the VBS 10.2, the M2 is for sure better but several times the cost. I'm kind of a lower cost DIY guy so I tend to stick around that territory, but if you look around at drivers, CD's+Horns, etc... it's the same as the rest of the industry where cost doesn't always correlate to quality. I run my VBS 10.2 active atm mostly because I don't want to shell out the money to populate the crossover pcb lol.
I use mine as effectively silly loud monitors for mixing and they certainly accomplish that task. If I had one criticism and this kind of goes for all the horns I've heard, the sound stage width feels narrow. Otherwise they sound like really really loud genelecs to me but I still very much prefer the wider dispersion of other speakers I have.