I don't think the speaker itself is ugly, but I think everything else about it is vulgar. It actually reminds me of some of the older Kharma speakers which I think were some of the nicest looking speakers ever made. Here are some examples of what I am talking about:
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Very simple, beautiful cabinets. Nearly perfect industrial speaker design, in my opinion. Kharma would later ruin this aesthetic by making the cabinets a lot busier, but these models from the mid 2010s were really gorgeous in my opinion. I really can't think of any speaker that I think looks nicer.