Opalchip,
Well said.
Stevecham,
I don't think it is as grim a picture as you paint. Speaker design is necessarily an exercise in compromise. Phase alignement should be critical in producing a speaker that gives accurate timbre. I agree that this is necessarily compromised in many passive speaker designs (meaning that certain instruments may not sound quite right). However dynamic range, sensitivity, bandwidth, frequency linearity to name a few are also important. In achieveing a balance, a speaker designer will compromise in some areas to gain in others.
Active speakers, for example, should have much better phase characteristics simply because each driver is paired with active filters including phase adjustment. Therefore active speakers should have a better timbral response....well not necessarily as this link below shows that professionals in a shootout were divided on which speaker they preferred and most found the timbre of the Dunlavys (except in the LF) to be preferred. In the end, classical listeners preferred the Dunlavys and meanwhile "rockers" preferred ATC's.
http://bg.mixonline.com/ar/audio_highend_studio_monitor/Considering that the Dunlavys also use multiple cones for mid range and that this is known to increase phase issues (a design no no), the conclusion seems surprising. Until you realize that the perception of timbre is also closely linked to harmonics, perhaps Dunlavy makes up for phase issues in other ways (harmonics) to eventually score higher than ATC's in the timbre category.
So speaker design is all about balance and not a single pursuit of only one or two factors.
In the end, two vastly different engineering approaches (ATC vs Dunlavy) have produced two great speakers.
...maybe there is more then one way to skin a cat.