Nod, exactly. Top end they are generally a bit heavy, and usually there is a midbass hump. Some of their models also have some resonance problems, which actually Stereophile mentioned in another article I read at some point, which is surprising because of their quality construction.
Like they say at the beginning of that review:
"An example: Totem's Model 1, a small, 7.2-liter minimonitor, showed a strong low-frequency response, sweet highs, wide dynamic range, three-dimensional imaging, and smooth, velvet highs...but the midrange was too prominent (Stereophile, Vol.16 No.4). Bruzzese reintroduced the speaker as the Signature Model 1, with improved power-handling and increased bass response...but its midrange was still too strong on-axis (Vol.21 No.1). Then came the Totem Tabù ($2995/pair), with its transparent highs and palpable, three-dimensional imaging...but an overly analytic midrange and a tendency to sound a little hollow when listened to directly on-axis (Vol.20 No.2). The Totem Mite-T ($895/pair) was "pleasant and seductive"...but its resolution was limited by a recessed upper midrange (SGHT, June 1998). Would the Stereophile magazines ever cut Vince a break? " I haven't heard the Mite-T's though, but I've had a pretty consistant feeling with the others.
Thats not to say they aren't excellent speakers. I also think they are great looking too, which is of a concern to the original poster... I think Dynaudios often look like **** (and I like them as a speaker)...the veneers they use are pretty cheapening.