This is not the same as discussed here. The patent is about linear distortion. Feedback and feed forward error correction is mainly about nonlinear distortion although feedback methods also correct linear distortion (frequency response nonlinearities) by default. In some cases the latter is compensated to avoid different frequency response with the FB loop on/off. In feed forward implementations nonlinear signal processing is applied. That's not required in feedback implementations.
While I can ensure you that both technologies work well to reduce distortion, they can obviously not overcome mechanical excursion or thermal limits. That's why they are combined with software limiters to protect the speakers. How much additional clean output can be achieved depends on the range between onset of audible distortion and mechanical/thermal limits of the loudspeaker. For typical hifi applications mechanical limits are the predominant factor. Because distortion components are usually of (much) lower level than the desired signal, low additional power is required for their compensation.
While I can ensure you that both technologies work well to reduce distortion, they can obviously not overcome mechanical excursion or thermal limits. That's why they are combined with software limiters to protect the speakers. How much additional clean output can be achieved depends on the range between onset of audible distortion and mechanical/thermal limits of the loudspeaker. For typical hifi applications mechanical limits are the predominant factor. Because distortion components are usually of (much) lower level than the desired signal, low additional power is required for their compensation.