One of the rooms at the CAS this year was an open-baffle company featuring their "boxed version" of one of their systems... still technically open baffle, just with a stronger frame that can ship as a complete unit.
Anyway...
Sounded decent enough. Biggest thing with open baffle as I understand it thus far, is you need a good size room as they need to be several feet away from the front wall for best performance. I think the Linkwitz Lab page has some good guidelines, iirc. (sorry, in a hurry right now. *blushes)