Both are approaches to "solve" (ameloriate) the same problem -- it's hard to reproduce high frequencies, with good dispersion, using a large cone/driven surface. The Altec 603B I mentioned earlier was yet another approach.
None, of course, is completely successful. Examples can sound surprisingly, good, though -- which to me is the interesting part! Engineering is all about compromise; making the most of what you've got. As such, and just like mechanical clocks or internal combustion engines (edit: or slide rules!)
the best of the 'fullrange' (
ahem, extended range) drivers are triumphs of design and implementation over adversity.
If we think of a 1950s radio, phono, or TV radio speaker -- which was (in the better cases) usually an 8" (200 mm) frame cone driver with a small AlNiCo magnet and a single paper cone with a dustcap, spider, and pleated paper surround -- it is
amazing that they could reproduce sound as lucidly as they did (do).