The route I've taken, after experimenting with a number of different drivers and designs, is to stack identical multiple drivers. I do this for mains using 8" drivers, which I run full range and for bass.
For bass, here is a economical driver that works very well OB....
http://www.parts-express.com/goldwood-gw-410d-10-poly-dvc-subwoofer--290-362
A set of 4 of these per side on a 20" or so wide board do a great job down low. How high you run them depends on what you use for mains. They seem to do fine up to 250-300hz or so. The lower the cross, the better I think. To keep the crossover out of the way, not necessarily because of the driver.
$80 a side plus a 20" wide by 48" tall piece of wood seems economical to me. Then you can do mains seperately.
For mains, I've tried the replacement BOFU drivers, didn't work.
http://www.parts-express.com/grs-8fr-8-full-range-8-speaker-pioneer-type-b20fu20-51fw--292-430
To much of a cheap cardboard sound for me. But at about $50 a side for 4 drivers, I had to try due to all the buzz about the original BUFO's.
I tried those, because I kind of liked first these....
http://www.parts-express.com/goldwood-gw-8003-8-8-full-range-driver-w-whizzer--290-379
Again, 4 in a stack on about 20" width and for $80 a side, you make nice music. For the money this are pretty amazing. They do very good bass.....good enough some might not miss if you didn't bother with the bass stack, but they do lack a bit at highs. Most would want to augment these up above about 14k with something. I'd suggest a small rear facing horn driver, to get the efficiency high enough, and roll it in with a simple cap.
Ultimately, what I've done for mains is go to the Tang Band 1808's, which miss on your request for economical. They do the highs nice and do pretty good almost full range but once you augment the lows with the woofer stack, you don't give up much to many speakers to a pretty darn high price point!
The reason to do a stack of drivers, both mains and woofs, is the dynamics and the lower distortion. You listen to a single driver and it's ok. Do two and you readily hear less distortion. Go to four and you about wouldn't know your listening to the same driver as the single. And the dynamics...they just pop. This is what is missing from many of the single driver configurations I've heard running OB. Stack 'em and you get a really amazing sound for such simple construction!
All of these drivers I've mentioned get you enough efficiency to use about any amp power including very low power ones. You just have to work at setting up for a reasonable load. While I've avoided that as a problem with a current source amp, I've also tried running with a number of different voltage source amps including tube.
OB is amazing...I don't see me ever going back!
EV3