3. Really, really, really depends on the SET and the quality and size of the output iron and the delivery from the power supply.3. deep bass is poor with SET (and most horns that don't have active bass). i also hear too much 2nd harmonic that distracts my listening - i close my eyes and it feels like distortion is leaping out at me, singers dripping in it in front of me. i much prefer push/pull amps which are more dynamic with better bass.
5. many horns have frequency anomaly (horn coloration, cupped hands) and integration woes. you pick your poison to get that efficiency and jump factor. also, they can be fatiguing and have spatial woes. but i will say horns as a speaker class are just as different as dynamic drivers - subsets of each have strengths and weaknesses. for instance, I don't hear horn coloration on JBL or AGs.
i don't think i would own horns unless i was fully ok with tube amps. SS has never sounded right on them and I think horns need tube decay to make the "whole note" sound correct. otherwise, too much leading edge.
horns will always be a niche business in audio. really only AG is a worldwide, Wilson type manufacturer over the past 20 years. Klipsch i guess is making a comeback with its more value priced Heritage line. i think people who only believe in SET amps will gravitate to them out of necessity, but if you don't require that than its not worth the drawbacks.
5. True but not all. Mine measure quite well in-room. The best in-room frequency responses I got though were from my Acoustats...they were pretty scary good at some things. It's interesting you didn't hear colorations with AGs (I actually do with some models and not with others in their lineup) as they have relatively wonky Frequency response measurements...just goes to show that you don't hear just like an oscilloscope.
I would argue the drawbacks of other speakers are what limit their ability to sound realistic...that to me is the ultimate drawback.