I owned a pair of 760s (next step up from the 460) for a couple of years back in the early 90s. They were a good speaker, but I am not sure how they compare with what you have as I have never heard the M12. The 760 sold for about $1000 back then and I believe the 460 was about $700. If they are in good shape, I would say they are worth a try at that price. That will be the only way you will know if you like them better. If not, you should be able to get the $100 back out of them.
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