Somebody should make an alphabetical listing of the various Altec models, their size, and what's in them. I once wrote a haiku about Malibu, Milano, Madrid, Santana, Santiago, Seville, Valencia, Flamenco and Murano. Wasn't very helpful, technically, tho.
What's interesting is that, while you weren't excited by 846B Valencias, you have a different initial impression regarding these, when they are very much the same speaker. I don't know the difference between N-800K and N-800-8K crossovers, but some research will likely track that down. I can't read what model HF driver is in these in the pic. Could you clarifiy that, please?
Here, again, is an obvious attempt by a prior owner to tame an Altec home version of VOTT. While some may like the stock "Altec sound," the general consensus would appear to be that there are issues to address. I don't believe that adding additional L-Pad attenuation to the HF and stuffing the cabinet with damping are any more adequate to the purpose than scabbing in JBL dome or EV T-35 tweeters, nor would I go on a maddening quest for some reciprocally defective amplification system to render them listenable by contemporary standards, when there are relatively inexpensive upgrade approaches available.
Do they suck? Well, no, but even Altec acknowledged the deficiencies inherent in these early two-way designs for home use, and employed improved crossovers and drivers in subsequent iterations to improve them. For some, that was the end of vintage sound, of course; for the mainstream, however, it was "Good riddance...."