Some of the issues regarding amplifier vs speaker selection are discussed here:
http://www.atma-sphere.com/papers/paradigm_paper2.html
My own feeling is that if the efficiency of the speaker does not interfere with the revealing nature of the speaker, does not interfere with bandwidth, then the efficiency is valuable! My own speakers are 97db 1 watt/1 meter, compared to a speaker of 87 db, the result is that I can run an amplifier of 1/10th the power and get the same sound pressure. Fortunately, one thing high efficiency speakers do really well is dynamics- no worries there.
http://www.atma-sphere.com/papers/paradigm_paper2.html
My own feeling is that if the efficiency of the speaker does not interfere with the revealing nature of the speaker, does not interfere with bandwidth, then the efficiency is valuable! My own speakers are 97db 1 watt/1 meter, compared to a speaker of 87 db, the result is that I can run an amplifier of 1/10th the power and get the same sound pressure. Fortunately, one thing high efficiency speakers do really well is dynamics- no worries there.