Audiophile speakers VS Studio Monitors.

I see photographs of really famous musicians in their home studios using really, in my opinon, average speakes, like that Yamaha model with the white 6 or 8 inch woofer 2-way. You've got to be able to do better than that! Only problem I'm thinking of is that many hi-end speakers have ports in the back, whereas studios usually need placement on a shelf or on top of the mixer against a wall.

I am not an expert so I hate to answer this but... If I were you I might research Tannoy's line of monitors the 15"dmtII is used in alot of studios around the world. you see them here on audiogon and on ebay for below $2000 which in my opinion is a deal. They have a world class cabinet with a high efficiency dual concentric driver. The FR is very flat .

Thanx for the responses, guys.
What's funny about how I mix is that I use a 31 band EQ to force my monitors to sound like regular speakers. I raise up the bottom end and the top end while leaving the mid-range alone.
I'm thinking that buying ultra-flat monitors would be silly considering that I will most likely boost the top and bottom anyway.
The Yamaha's with the ugly white woofers that were mentioned are called NS-10's. They are famous and infamous. They fetch a nice price on Ebay nowadays. They're popular because they represent the limitations one might find in a $50 speaker from Radio Shack. They break up at the right moment to show when you've got the bottom too high, and they have a hissy shrill top-end which people normally cover with tissue to keep ear fatigue down.
The idea is, if one can get a mix to sound good on NS-10's, then your mix should sound good anywhere.
I can't see a used set of NS-10's being worth $800, but I saw a set just now for that price. Absurd.
I'm also considering the Studio model by Audes.
Allen

Hard to believe, but I met a guy while at a concert at The Bottom Line in NYC (I think it was Bill Bruford's Earthworks) who said he was a studio tech, said he used a pair of Spica TC-50's for mixdown.. pretty unusual as these are about the opposite in terms of power handling from, say, a pair of JBL L-100's.
The Tannoy's, I've heard, are pretty good. I've been to one church that used some large Tannoys for PA, they sounded good.

I am also very interested in this question. I am trying to figure out a good home studio setup which will work part-time as a regular nice-sounding home stereo. I have a pair of Spendor LS 3/5a's that I've been using, but those are really hard to get good high and low end precision out of. I have been researching a couple other options, like the Epos ES12 or ES14, but those are definitely more audiophile than studio monitor. I was just reading about the Green Mountain Audio Europas which many seem to love, but I can't see any threads that talk about them in a specific studio setting. Does anyone else have any advice on these speaker lines?