Doesn't transparent mean true to the source with minimal added distortion and without frequency abberations? That is, a speaker that does not "color" the sound (all recordings being affected) with its own personality? By the way, by this definition, I would say the Merlin VSM speakers are transparent. By this definition I would not think that the Spendors or other "British" voiced speakers are tranaparent - lovely, "musical", but not the height of transparency IMHO.