Most likely S412P will measure even better, likely much better vertical directivity
Better subjective transparency could come from uneven vertical dispersion if we suppose your speaker measures like the original 4410.
Another factor could be distorting tweeter.
But like said many times, there is no metric or simple explanation for transparency etc. hifistic terminology
Distorsion can be easily heard; and Dcolka doesn't hear more distorsion, but less (more transparency means less distorsion, not more)
I find some of the commentaries trying to answer Dcolak perception are a bit weird and contempting.
He's speaking of qualities, he has EQed his different speakers using DEW (so he says, hope it's true) and some of you answer by finding flaws although you know nothing about the sound in Dcolak's room.
Can't you imagine a much more probable hypothesis ; maybe quite simply this model is simply better or at least more pleasing to his perception than the older speaker he owns, now it has been revamped (I prefer this expression than "as good as new", because a revamped speaker isn't a brand new speaker, it's a slightly different one).
Of course, introducing a new good speaker among older ones always gives the subjective impression that all the other ones are a bit blurred or coloured in contrast, even if they're not bad themselves. With the time, Dcolak's emphasis and enthusiasm will slowly decrease, it's always like this when we're talking about subjective perception.
But this not a reason to contempt Dcolak and to insinaute he's glad only because he can't hear flaws of this speaker. And he's right at least in one important point : of course, frequency linearity in room is a very important criteria, but too often, many people in this forum seem to consider that having a flat frquency tells everything about a speaker sound. This is not scientific nor objectivism, it's just mere simplification, and moreover it's not true.
To sum up my point : good linearity in and out axis is absolutely necessary of course, but it's far not enough to characterise wholly a speaker.
But, on the other hand, Dcolak is not right when he says transparency can't be measured: of course it can be actually be measured, but not only by a simple FR curve, it's much more complicated than that, it's a mix of FR I/O axis, harmonic and intermodulation distorsion, phase accuracy, compression limits in dynamic use, each ot this criterias measured at different sound levels with different sound contents . So, transparency is not only a subjective impresion, as pleasant as it is.
So please, let Dcolak with his subjective enthusiasm, even if it's probably a bit exaggerated.