A well-integrated subwoofer-bookshelf speaker combo is sonically superb.

Of course, a good subwoofer and good speakers are needed, plus it can still require a lot of fiddling to get them to blend together well. In many cases, it probably gives you more good sound for the money than just towers with the same budget.
The advantage of the aforementioned Troels Graveson Faital-3WC-15, Mart68's speakers, is high sensitivity and high power handling compared to yours (which are good) Revel M16. So it depends a bit on what you want.
Plus, since we're mixing money in this thread. You said:
Revel M16s AND I paid $998 for the M16s - less than $1k. How much did your subwoofer cost?
Mart68 estimated that his Troels Graveson Faital-3WC-15 cost $6400.
Anyway. You would most likely choose your revel-sub combo over Marts68 Troels speakers. And Mart68 would most likely choose his Troels over your Revel-sub combo. Nothing wrong with that. You both choose what you want.
Edit:
Actually. The obvious, that goes without saying (which I do now anyway) is that people have their interests that they are willing to spend so much money on. Level of interest/hobby wallet comes into play. And people can also have several hobbies but only one wallet for everything.