Can't comment on the 500 vs 700, but I have bought the R500 to replace M/A RX6, and with a cyrus cdxt se2, rega dac, cyrus xp pre-amp and cyrus X power, power amp, they are beautifully open with a precise soundstage, and good detailing, picking up lots more info in the mid range, and the vocals are very good, picking up harmony vocals I hadn't heard before and the bass is deeper and taughter than the RX6, overall a great upgrade to compliment my system, I agree that KEF should get this range some reviews, as they are really good capable speakers. Piano gloss black finish is lovely.