Yes, but if we assume that:
then the following must be true:
- Harman's top models beat KEF's top models in their blind tests, and
- KEF speakers' performance is superior according to Olive's preference system (which it almost certainly is)
Moreover, at least one of the following must be true:
- Olive's preference system is invalid (or insufficient) in respect of these speakers.
- Something other than off-axis performance is decisive in respect of these speakers.
- Olive's system is false in respect of off-axis performance.
Yes, you summarized the implications well. I wouldn't say Olive's preference system is invalid but I would say it needs refinement/revision.
- Something other than off-axis performance is decisive in respect of these speakers.
This is a tough one as it is hard to imagine what would that be, but it certainly has to be considered as a possiblity.