With the greater flux density in the gap, what does that do for heat managment?
The greater flux density tends to translate to higher efficiency, which means less power is needed to reach a given SPL, which in turn helps to offset the reduced heat sink capacity of the neo motor.
The kind of thermal compression most people are familiar with is the kind that results from the motor heating up and losing strength. Less well known and less well documented is what I'd call "thermal modulation", a very rapid-onset (or "short time constant") type of power compression that is primarily a function of the voice coil heating up virtually instantaneously when hit by a burst of power, which causes its resistance to rise.
Floyd Toole had this to say on the topic, in a
post in another thread on this forum:
"The audibility of power compression in its many variations probably could use some more research to define what is audible and what is tolerable. The magnet heating that you describe is important in pro audio sound reinforcement systems where the loudspeakers are required to work at or close to their design limits for long periods. Such heating and cooling has a very long time constant. This is not the case in most home systems. Although the modification of motor strength through magnet heating is a factor, most of the audible effects are from voice coil heating, which has a much shorter time constant. I just saw a test of a high-end audiophile speaker that in going from an average level of 70 dB (loud conversation, background music) to 90 dB (a moderate crescendo, or foreground rock listening) lost about 4 dB in output over about 3 octaves in the mid-high-frequency range. It became a different loudspeaker at different listening levels."
If I understand correctly what Toole is saying here, rapid-onset voice coil heating is probably more of an issue in home audio than is magnet heating. So assuming the same thickness of voice coil wire, the more efficient neodymium-motor driver should exhibit less thermal modulation due to voice coil heating for a given sound pressure level.
That's probably a much longer answer than you were looking for.