I'd like to strike up a minor debate if possible between these two. I just recently sold a pair of L5 I thought sounded pretty good. I concur with what I've read here about them; great speakers. OTOH, I just recently refoamed the 122a woofers in my L65As. They were in great shape when I got them but the foams were just wrong. As a result, they sounded boomy. I refoamed them with correct foams with a 30hz test tone. The bottom end is now well defined and articulate, so no more boominess. They sound not just good but very good. Not sure where 'flat' is on the L-pads but I have them set between 2 and 3 for mid and tweeter. 0 turns them off so I know that's not right. So I'm wondering about the lack of love for the L65. "Spitty" is how I've seen it defined more than once here. But the L-pads take care of that issue lickety-split. Tailored to the room, the transition between drivers is seamless. In comparison, I would say the L5 with the titanium tweeter and no L-pad is more so. It also can't compete with the L65's bottom end. They don't need a sub whereas the L5 does. Imo the L65 easily spanks the L5. So I'm just wondering why there doesn't seem to be much respect for the L65 when they are a really great sounding speaker that imo definitely belongs in the Hi-Fi category.