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Funny story. I own both the Altec 301s and Spica TC-50s. Some years ago I went to Sound by Singer and got into an argument with then salesman Steve Guttenberg. Mr. G insisted that the Spica had a greater midrange clarity than the 301s. Now look at the picture of the 301s. You'll see a dedicated titanium vapor deposited dome that covers the range between 550 and 3500 Hz. (The Spica has an Audex paper cone woofer and a fabric tweeter.) I live in a loft and I literally ran them side by side for many years. No way in hell the Spicas could touch the Altecs in terms of inner detail as JGH affirms in his dead on accurate review. No convincing Mr. G however.
The Altec 301s were among some of the greatest speakers ever manufactured. I still use them and they continue to amaze. Kudos to Stereophile for republishing Holt's review.