I stacked a couple pairs of Advents once, and I loved them. They weren't the highest fidelity, and they certainly had problems, but they had very good dynamics, solid bass, and a giant, all-enveloping soundstage. I kept them up for the night, drank some (OK, a lot) of nice whiskey, and enjoyed listening to some of my favorite recordings from a new perspective.
That said, I took the stack down the next day. It was kind of like eating a giant banana split. It was nice ear candy, but I'd rather have good sustenance on a day-to-day basis.
One thing I learned when trying to design a speaker crossover, and experimenting with phase coherence, is that phase interference can give a nice, immediate, "washed-over" sound. It can sound full and diffuse, which can be perceived as a good thing, since the sound seems to envelop you. However, when you switch the phase switch back, and the acoustic image snaps into place, you then realize all the detail and precision you've been missing.
I can certainly understand why people like the sound of stacked speakers. I like the sound myself, and if I had the room for another system, I would likely put together a stacked Advent system for those decadent times when I felt like listening to that nice, full, all-enveloping sound.
On the other hand, I much prefer a well-designed conventional (un-stacked) speaker system for daily listening, since I would generally take precision, detail, and pinpoint imaging over a diffuse and immense soundstage any day. Admittedly, the stacked advents are the only stacked system I have heard, so there are probably better combinations.
Finally, I greatly appreciate learning the theory and the empirical data behind the different methods. While it certainly boils down to subjective experience in the end (either you like the system or you don't), learning more can at worst do nothing to harm your listening experience. At best (and here I am in total agreement with Zilch), it can help refine your listening experience, helping you to discern with your own ears what is objectively closer to a faithful reproduction of the recorded material, and what is merely ear-candy.
Ear-candy is great for secondary systems and maybe even in home theater (who doesn't want grossly exaggerated bass rumbles when watching explosions on screen?). However, I would always rather have the closest I can get to faithful reproduction in my main listening system. That is what I want, but I also don't presume that everyone should want the same thing.