A Ref 3.5 replacement has been announced many times over the last several years with the postponements rendering the announcements meaningless. Consequently my anticipation and enthusiasm has waned unfortunately.
Assuming that this time an actual product is forthcoming, that $4500.00 price point does not give me encouragement.
When Gallo introduced the Strada II, which is the MTM module of the Ref 3.5, they replaced the superior neodymium magnets with ferrites. My pair have the original Strada neodymiums. I also know the original robust dual voice coil woofers are no longer available. The pictured mounting feet eliminate the substantial composite viscoelastic base combination. I also wonder if the very expensive Dynamicap TRT Stealth bypass capacitor will be retained.
I have had patience this long although Gallo has strained it many times. Considering my technical comments and that price point, I expect for now to keep my ref 3.5's for awhile because I do not foresee how the replacement can incorporate any improvements over the original design of the Ref 3.5.
I bought my Ref 3.5 pair new in June 2010 when the model was first introduced. I found a generous dealer locally who charged me only $3600.00. It was a bargain I could not refuse.
I have no idea what I would ever get to replace these without spending an excessive amount of money. The majority of loudspeakers are the same theme regardless of cost. They all have a port or tube in a rectangular box, a dome tweeter, metal or fabric, maybe a fragile ribbon tweeter and a midrange driver much too large for the frequencies it is intended to reproduce, six inches or more. Loss producing and phase inducing very complex crossover networks are added to the mix. All this costs money, adds various forms of distortion and none of this is in the original design of the Gallo Ref 3.5's. Nothing out there comes close to that CDT unit for dispersion, clarity, range and unlimited power handling.
I am quite happy keeping the Ref 3.5's. I would only wish for perhaps a 1/2 octave more bass. I thought they might incorporate twin woofers side by side or one above the other in a new larger model. It does not look like that will happen.
I had Avalon Eidolons for five years I bought new and I do not feel I am missing much with the Ref 3.5's.