Why are there so many wooden speakers?

I have noticed a problem within the speaker industry. 99% of speakers that come onto the marketplace are wooden, i.e MDF.
This is true of old speakers and new speakers. This is true of Dynaudio, B&W, Elac, Kef, revel, PMC, Focal, ATC the list goes on and on. This is a longstanding problem that has been deceiving audiophiles for decades and it requires a solution. 

The problem with a wooden box is that no matter what crossover or drivers you use, it will still sound like a wooden box. 
There is a limit to the sound you can get out of a wooden box so it is not possible to improve the sound just by using different drivers. Despite this, every year or two, the aforementioned companies put new speakers on the market claiming that they sound even better than what came before. In conclusion, we are being misled. 

I have no problem with MDF boxes per se. MDF is a good material to use. But if you want to make an even better speaker then you obviously need to use a better material. You cant use the same material and say you have made a better speaker. Thats false. 

Let's take the B&W 600 series for example. This is a series that has been going on for decades. 

Here is the latest speaker from their current series


There is no mention of what wood is used but I'm pretty sure its MDF. All they talk about is their continuum woofer and dome tweeter that goes up to 38khz. No mention of even improvements to the crossover let alone the cabinet.

I believe that this has gone on for long enough and audiophiles deserve better treatment. I don't know if a class action lawsuit is the answer but something needs to change.
This statement is completely false.

"The problem with a wooden box is that no matter what crossover or drivers you use, it will still sound like a wooden box."

A good amp can take the soundstage way out of the box. We have proved this over and over again with a pair of AR-510 speakers from the old days. Complete cheap drivers in a square box. With the right components (in our case power amp) the boxes just disappeared.

Happy Listening.

I think a class action lawsuit is in order.
That's why I have Magnepan 20.1's and Acoustat 33's, haven't set those up yet...No Box,  no colorations...
1) MDF is cheap (er) than many alternatives.
2) MDF is a relatively good, machinable material.  You can easily drill it and screw into it.
3) It is lighter than any metal.

That is basically it.
@cakyol - I think the cost of changing from MDF to something else is most likely of less benefit than making other changes so companies focus on improving drivers, etc.  If you can make a 5% performance improvement by spending $40 more on drivers and can make a 2% performance improvement by spending $40 more on a box, it's not a hard decision.  It's not that hard to understand.  Cost is a factor for almost everyone.  Sane buyers want the best return on their money.  Is it sane to demand that manufacturers spend money inefficiently?  (no)