With a constant voltage input, cone excursion decreases as frequency increases. By the time the frequency rises to about 200-300Hz, excursion no longer needs to be considered. For a mid-range driver crossing at 400Hz, excursion is a non-issue for home systems.
I am currently building a MODULE with the Vifa M10MD-39-08 and the Vifa D27DG-35-06. The crossover will be passive, first order at 4000Hz. This is a MTM module.
This module will be part of a system with 4 12" woofers, crossed over at 90Hz, 4th order (acoustical + electrical), to an array of 15 inexpensive Pioneer 5" midranges. The Pioneer array will cross to the module at 400Hz, 4th order.
The Pioneer array operating in the range of 90Hz to 400Hz will be operating in a band that contains a great amount of musical energy but because of its efficiency (about 112db/2.83 volts/1 meter, give or take) and the fact that it can handle about 300 watts continuous, will just be coasting along in this tri-amplified system. In term of harmonic distortion, doppler distortion, thermal compression and the dreaded acoustic floor bounce, this array should do very nicely.
The band of frequencies from 400Hz up, handled by the module, should be near perfect given the characteristics of the drivers and network used.
The low frequencies should also be excellent since they will be in sealed boxes with a Q of .6. Room gain will very nicely make up for any deficiencies below F3 but a touch of electronic boost might be in order, depending.
In a tri-amped situation amplifer requirements are very relaxed. For this system, 50 watts for the woofers, 5 watts for the array and 30 watts for the module will be more than enough most music and home theater situations
With judicious shopping the cost of the drivers for BOTH channels has been $660; 8 woofers, 30 lower mid-range, 4 upper mid-range and 2 tweets.
The electronic crossovers will use quality op-amps and since I can do my own boards the cost will be less than $70 and I can easily make sure that everything above 400Hz does NOT go through an op-amp, if I cared.
For amps, the field is wide open. All you need then are enclosures.