This is fascinating to me, thanks to all who contributed links/pics/knowledge. I'm sure I've never heard a speaker done this way, probably because the compression drivers are mostly so darned expensive like LTD said - mainly TADs and high-end JBLs I'd guess - but speakers done with bigass compression drivers crossed low seem to garner huge amounts of praise from the few fortunate enough to own, say, Everests and K2s and, well, the big JTRs.
Didn't one of the more famous (among audio geeks, anyway) studies done by Harmon or some such entity conclude that people generally prefer the sound of splashy midrange/treble over more tightly controlled dispersion up high, at least decades ago when the study was done? My memory is hazy.
Someone with skill and equipment and time (not to mention the driver and waveguide) would probably need to run distortion sweeps on a BA in a waveguide appropriate to the task, as a next step to see if this might really work. Dunno if it will ever get to that point, but it's fun to think about.
