Erik,
I've heard a lot of wide-band/full range drivers used very successfully in multiway systems. Some were, as you discuss, assisted by a woofer, others were assisted by a tweeter (most commonly with large diameter full range drivers) and some with both a woofer and tweeter. Most of these were custom-built systems. An example of use of extended range drivers in multi-way systems includes the SoundKaos Model 42. By using simple, first order crossovers and allowing the crossover points to be away from the critical midrange, fullrange drivers minimize the negative aspects of multi-way designs.