"Home systems will always beat a car system in terms of quality - mainly because a car interior is a very challenging environment. You have soft bass-absorbing seats, reflective windows and of course limited space for the drivers to integrate."
With as much of a car's interior being absorptive, you'll have a hard time finding an interior that's as bad as what's in most homes. It's easier to get good sound in a car, IMO and definitely can use smaller speakers to get this because of the small interior volume of the space and the transfer function of the speakers/space. This opinion comes from having done over 5000 car systems in over 25 years. I have seen incredibly flat frequency response results in cars, using the 1dB/segment and don't expect to ever see this in a home or commercial space that hasn't been extensively treated.
"Oh, and there's very few design limitations in home audio components, whereas a car system must use a reasonable amount of power and of course be small enough to fit inside a car. A home amp for example, could consist of two 150lb monoblocks (Mark Levinson anyone?), whereas in a car this would simply not be possible."
You could use the same amps in a car, as long as the B+ needed could be developed, which it can, by using an oscillator and transformer and is just as dependent on what's supplying the voltage as the 120V/220V circuit. Ten 12V batteries in series makes 120VDC with more current than a residential circuit could ever hope to supply. This would require bypassing the AC section of the power supply and modifying what's left, but it could be done.
"Class D amplification has been around since MOSFETs have been made fast enough - it just wasn't deemed hi-fi enough to be used in the home, as traditional Class AB designs sounded much better. Of course, in a car you haven't got space for a honking great heatsink, so an efficient class D amplifier was much better even taking into account the loss in quality."
Class D has been around for a long time and like anything else, as long as it was done correctly, it was just as hi-fi as anything else. People are too skeptical to see that it can work, though, and with the death grip some have on old gear (look at all of the 1970's Pioneer receivers- they aren't bad but are hardly Holy Grail equipment). As far as space, most car audio is still Class AB and if they can find room for all of the batteries and subwoofers, they can find room for the amps. Natural convection isn't the only way to cool things- fans work very well.
"Note that Class D amps are mainly used in applications where the less than hi-fi sound is not noticed as much, or where there are other things to be taken into account - for example space, weight and power consumption. Most active subwoofers use 'em."
Tell that to the engineers/designers at Linn. They have a whole series of Class D amps and they think they're incredible.
"I do agree that car technology needs to come into the home though. I'd like to see a panel by my front door telling me which windows and doors are open, just like the dashboard display on modern cars..."
Where have you been? Honeywell and other security companies have had status indicators for doors and windows for decades.
"My car audio system consists of a heavily modified cheapo Chinese amp bridged to mono, driving a PA speaker wedged in the boot (trunk for you US-ians

). It's fed by my MP3 player through a simple attenuator preamp. Cost: £0.00. I'm a cheap student."
I really hope your MP3 player is sending lossless data and not just regular MP3 files. If not, you're shooting holes in your whole argument about sound quality.