Short answer: the KEF Reference 3 Meta, if you are buying new. The KEF Reference 203 ranks higher than the Magnepan LRS+ (#17 vs #149 of 188 floorstanding speakers) but is discontinued; its replacement, the KEF Reference 3 Meta, is rated 4.6/5 at $15,999.98 and is still sold new.
The case for the Magnepan LRS+: Thin, two-way planar-magnetic open-baffle/dipole panel design (about 48” tall, just 1” deep). Watch for: Extremely current-hungry and power-hungry: even a pair of 600W Macintosh monoblock amplifiers only averaged about 90dB output.
The KEF Reference 203 is the more accurate, deeper-bass pick. Its measured preference score, a predictor of how neutral it sounds, is 5.83 against 1.27 for the Magnepan LRS+. Its bass reaches about 51Hz before falling 3dB, against 74Hz for the Magnepan LRS+. The tradeoff: This is a 20+ year old, long-discontinued speaker only findable secondhand (Facebook Marketplace, Craigslist, audio forums): condition, driver matching, and component aging vary by unit, so audition before buying if at all possible.
Buy the KEF Reference 3 Meta, the replacement for the discontinued KEF Reference 203; it is rated higher for sound quality than the Magnepan LRS+.
Still deciding? The full Passive Home rankings cover every ranked option.
Specifications Side By Side
| Magnepan LRS+ | KEF Reference 203 | |
|---|---|---|
| Price | $1300 per pair | $5,000 per pair Discontinued |
| Ranked | #149 of 188 in Large Size Floorstanding Speakers | #17 of 188 in Large Size Floorstanding Speakers |
| Bass Extension (-10dB) | 67Hz (measured, Erin’s Audio Corner) | 37Hz (measured, Erin’s Audio Corner) |
| Bass Extension (-3dB) | 74Hz (measured, Erin’s Audio Corner) | 51Hz (measured, Erin’s Audio Corner) |
| Sensitivity | 85.1dB (measured, Erin’s Audio Corner) | 88dB (2.83V/1m, measured by Erin’s Audio Corner) |
| Drivers | Full-range planar magnetic dipole panel (48” tall x 13.5” wide); quasi-ribbon design, two-way with separate mid/bass and tweeter ribbon sections | 1x 0.75” supertweeter, coaxial 1” dome tweeter + 6.5” midrange, 2x 6.5” woofers |
| Weight | 30 lbs (13.6 kg) | 58 lbs (26.3 kg) |
| Woofer Cabinet | open baffle | Bass reflex, with switchable flat/cut/lifted bass ports for wall placement |
| Impedance | 4 ohms nominal, 3 ohms minimum (measured, Erin’s Audio Corner) | 8 ohms nominal (3.6 ohms minimum, measured, Erin’s Audio Corner; 3.2 ohms per manufacturer spec) |
| Dimensions | 48”H x 13.5”W x 1”D (1219.2 x 342.9 x 25.4 mm) | 42”H (1067H mm) |
| Spinorama Preference Score | 1.27 | 5.83 |
| Spinorama Preference Score with Perfect Sub | 4.32 | 7.84 |
| DIY Kit | No | No |
| Crossover Frequency | - | 400Hz, 2.7kHz, 15kHz |
| Frequency Response | - | 55Hz - 55kHz ±3dB (Manufacturer specified) |
| Recommended Power | - | 50-200W |
Related Speaker Comparisons
More top alternatives to KEF Reference 203:
- KEF Blade Two Meta vs KEF Reference 203
- MoFi SourcePoint 888 vs KEF Reference 203
- Revel F328Be vs KEF Reference 203
- KEF R5 Meta vs KEF Reference 203
- Revel F226Be vs KEF Reference 203
Prices on this page were last checked October 9, 2026 at 8:01 AM UTC. Product prices and availability are accurate as of that date/time and are subject to change; the price and availability shown on Amazon at the time of purchase will apply to the purchase of this product.
As an eBay Partner, we may be compensated if you make a purchase.
The Two Speakers In Full
Magnepan LRS+: $1300 per pair Magnepan eBay
Pros: Thin, two-way planar-magnetic open-baffle/dipole panel design (about 48” tall, just 1” deep). Delivers a uniquely dramatic and enveloping soundstage with genuinely three-dimensional depth effects that work across all music genres, not just classical or orchestral material as commonly assumed. Extremely tight, locked-in center-phantom imaging when set up correctly. Open-baffle design avoids the “boxy” enclosure coloration of conventional cabinet speakers. Multitone distortion is remarkably consistent from low to high frequency, a characteristic the reviewer hasn’t observed in conventional cone-and-dome speakers. Compression at high output stays modest (about 0.5-1dB) through the midrange and treble, giving roughly 20-26dB of usable dynamic range in that region. At its price, a strong contender for a dedicated secondary listening room, even if not a main-system replacement. Measured bass extension of 74Hz (-3dB), with a measured sensitivity of 85.1dB.
Cons: Extremely current-hungry and power-hungry: even a pair of 600W Macintosh monoblock amplifiers only averaged about 90dB output. A robust, high-power amplifier is essentially mandatory, and budget amps won’t cut it. Bass rolls off very quickly (F3 74Hz, F10 67Hz, described as falling off “like a rock”), making a subwoofer an absolute requirement for any low-end content. A roughly 3dB dip in the mid-bass (100-300Hz) region thins out vocal body and fullness compared to a conventional bookshelf speaker. A resonance/bump around 400Hz adds a mild boxy quality, though it responds well to about 2dB of EQ correction. Extraordinarily fussy about exact positioning: both seating height (must align with the acoustic reference point between the panel’s lower tie-down points) and horizontal aiming are unusually critical; moving just a couple of inches can cause treble content above roughly 500-600Hz to nearly vanish. Distinct off-axis cancellation zones exist directly to the sides of the panel, where very little sound is audible at all. Fails badly under extreme dynamic-transient testing in the bass, and the reviewer blew fuses pushing the speaker during testing: not built for high-volume or highly dynamic playback. A genuinely different category from conventional hi-fi speakers, requiring more setup patience and experimentation than a typical monopole design.
Full Magnepan LRS+ review and specifications →
| Bass Extension (-10dB) | 67Hz (measured, Erin’s Audio Corner) |
|---|---|
| Bass Extension (-3dB) | 74Hz (measured, Erin’s Audio Corner) |
| DIY Kit | No |
| Dimensions | 48”H x 13.5”W x 1”D (1219.2 x 342.9 x 25.4 mm) |
| Drivers | Full-range planar magnetic dipole panel (48” tall x 13.5” wide); quasi-ribbon design, two-way with separate mid/bass and tweeter ribbon sections |
| Impedance | 4 ohms nominal, 3 ohms minimum (measured, Erin’s Audio Corner) |
| Sensitivity | 85.1dB (measured, Erin’s Audio Corner) |
| Spinorama Preference Score | 1.27 |
| Spinorama Preference Score with Perfect Sub | 4.32 |
| Weight | 30 lbs (13.6 kg) |
| Woofer Cabinet | open baffle |
- Links
- Reviews, Comparisons and Sound Samples
- Head-to-Head Comparisons
- Magnepan LRS+ vs Infinity Reference 253
- Magnepan LRS+ vs Polk Audio XT60
- Magnepan LRS+ vs JBL Stage 2 280F
- Magnepan LRS+ vs Focal Aria Evo X N°2
- Magnepan LRS+ vs Polk T50
- Magnepan LRS+ vs Definitive Technology BP-9020
- Magnepan LRS+ vs Sony SS-CS3
- Magnepan LRS+ vs JBL Studio 590
- See all 38 comparisons
KEF Reference 203: $5,000 per pair Discontinued eBay
Newer model: the KEF Reference 3 Meta, ranked lower, rated 4.6/5.
Pros: An unusually accomplished 4-way design for its era: excellent on-axis linearity (within about +/-3dB), genuinely good directivity both horizontally (~55 degrees) and vertically (~40-50 degrees), and an estimated in-room response that closely matches what the reviewer actually heard. Distortion is excellent: under 1% harmonic above 80Hz at both 86dB and 96dB, and multitone stays around 1% even at 96dB. Bass reaches a real F3 of 51Hz (F10 37Hz), with in-room extension into the low-mid-40s. The reviewer’s overall listening notes were essentially “nothing stood out bad or good”: a genuinely neutral, accurate speaker with a distinctive rounded-baffle look that avoids the diffraction issues a flat baffle this wide would normally have. Measured bass extension of 51Hz (-3dB), with a measured sensitivity of 88dB.
Cons: This is a 20+ year old, long-discontinued speaker only findable secondhand (Facebook Marketplace, Craigslist, audio forums): condition, driver matching, and component aging vary by unit, so audition before buying if at all possible. Demands a robust amplifier: impedance dips to about 3.6 ohms with an EPDR of 2.2 ohms. The small supertweeter shows minor breakup artifacts at the extremes of the vertical polar plot and some compression at very high output in the top octave, though neither was audible in normal listening.
Full KEF Reference 203 review and specifications →
| Bass Extension (-10dB) | 37Hz (measured, Erin’s Audio Corner) |
|---|---|
| Bass Extension (-3dB) | 51Hz (measured, Erin’s Audio Corner) |
| Crossover Frequency | 400Hz, 2.7kHz, 15kHz |
| DIY Kit | No |
| Dimensions | 42”H (1067H mm) |
| Drivers | 1x 0.75” supertweeter, coaxial 1” dome tweeter + 6.5” midrange, 2x 6.5” woofers |
| Frequency Response | 55Hz - 55kHz ±3dB (Manufacturer specified) |
| Impedance | 8 ohms nominal (3.6 ohms minimum, measured, Erin’s Audio Corner; 3.2 ohms per manufacturer spec) |
| Recommended Power | 50-200W |
| Sensitivity | 88dB (2.83V/1m, measured by Erin’s Audio Corner) |
| Spinorama Preference Score | 5.83 |
| Spinorama Preference Score with Perfect Sub | 7.84 |
| Weight | 58 lbs (26.3 kg) |
| Woofer Cabinet | Bass reflex, with switchable flat/cut/lifted bass ports for wall placement |
- Links
- Reviews, Comparisons and Sound Samples
- Head-to-Head Comparisons
- KEF Reference 203 vs JBL 4367
- KEF Reference 203 vs Revel F226Be
- KEF Reference 203 vs KEF R5 Meta
- KEF Reference 203 vs KEF Reference 5
- KEF Reference 203 vs JBL HDI-3800
- KEF Reference 203 vs Revel F328Be
- KEF Reference 203 vs MoFi SourcePoint 888
- KEF Reference 203 vs Focal Chora 816
- See all 37 comparisons