There is nothing wrong with using a KH120 at 3m if you don't need loud, but modrately loud say 85-90db would be fine for many. In fact many people do that already with their B&W, Paradigm, KEF, POLK, JBL, name your brand bookshelf speaker of similar design with an ~5" woofer and 1" tweeter. These are no different in approximate capabilities than the KH120 used in the same manner. If one wants to reach reference level of 105db at 3m then they need a bigger, more capable speaker. There is no small bookshelf with a 5" woofer and 1" tweeter that is going to do that. So, whether the KH120 or similar sized bookshelf is good for you depends on your listening level. If you really want to crank it, nope, no way, go big. If you listen more moderately and maybe turn it up a little but not really crank it, they will be fine.
When you double the distance in free space you lose 6db of sound. In a home sized room you lose ~3-4db per every doubling of the distance. So if a speaker plays a 100db at 1 meter it will be 94db at 2m and 88db at 4m outside with an omnidirectional speaker. If we use a horn more sound will directed forward so that direction will start higher. In a room the decay is not as much and you will be still be ~92-94db at 4m.