Actually, they sound really good.
In spite of no owner reviews that I could find, and a bunch of negative opinions from people who have never heard them, I bought a pair of new KLH "Albany" bookshelf speakers.
I am not technically versed in all the... technical aspects mentioned above, but I do actually own these speakers. I have them paired with a 12 wpc Pioneer SX-424 stereo receiver and a Dual 621 turntable/Ortofon Super OM40, and they are replacing my Klipsch R-14m. I also have a pair of Klipsch R-15m's on another vintage system and can say that I like the KLH Albany better than either of the two Klipsch speakers I have.
** Same-size woofer and tweeter as the R-15m
** Dynamically similar at 35-23,000 Hz (±3dB) compared to 62-24,000 for R-15m, with a cleaner, better-quality of bass... kind of like my much older KLH Model 31's
** Lower peak-power at 200w compared to 340w for R-15m, but I really don't get loud enough for that to even be a concern.
** Sensitivity is slightly lower at 92dB, compared to 94dB for R-15m but are still easy for my SX-424 (12wpc) to drive.
I have designed a cabinet for a smallish vintage system that will fit in a particular spot in our living room, and was looking for a quality, good-sounding, efficent 8-ohm speaker that also fit the physical space defined for it. While shopping, I kept coming back to either Klipsch or these KLH Albanys. As I already had two different Klipsch speakers, I didn't want to limit my experience by buying a third set. For the Albanys, I could find no buyer-reviews at all anywhere. Anything I did find was either sales pitch or negative (reads "doubting") comments that were not at all based on actual experience, but were persuasive nontheless. The more I looked, the more frustrated I got. I did not want to get burned buying a speaker I read nothing but bad things about, so I was looking at a more expensive Klipsch model. Then I thought, here I go again with the Klipsch... If I am willing to pay more for a third set of the same brand, I should just take a chance and get the KLH Albanys. I could always return them if they were really bad, so I got them.
I love them! They sound great, they look great. I like them better than my Klipsch R-15M. Tone knobs are set at bass +2, treble 0. Nice resonate bass, clear highs, and a full-sounding mid-range.
For what it's worth, that is my real-world experience and opinion on the KLH Albany.
I write this to help others make an educated decision for buying or passing on the KLH Albany. I would have wanted to read something like this myself before I committed.