Hi FunkyMonkey,
I tried to post about my experiences with Space some weeks ago but this *!@(*! website lost it all! Never mind... stay calm.
I too have 'unlisted' speakers (ATC SCM11) but use a Linn Majik DSM streamer. Following some advice on the Linn forum, I input a speaker with some similar characteristics to my own (non-ported, standmount etc). I then went through the room settings which include listening position, ideal listening position, dimensions, build material of floors, walls and ceiling etc.
Linn recommend that you then apply the Space optimisation and refine some of the settings (for your room modes, treble shelf etc). If you are in a rush, I don't recommend it but with an hour or two to spare, it's ok.
The result; a definite change in the sound. It's not night and day stuff, however and with my speakers in my room, the change is quite subtle. It definitely has 'cleaned up' some of the mid/upper frequencies so that you can follow instruments and voices more easily. I think with other speakers, the audible change may be even greater as the new ATCs are very accomodating in all kinds of rooms, which is one reason why we bought them.
I'm looking forward to Linn listing ATCs on their Space programme (no pun intended) but the acid test at the moment is - do I keep it switched on or turn it off? It's staying on..... so I'm really quite pleased. Like a lot of other posters on the Linn forum, I also think that Linn have done well to design improvements for their products and then provide free of charge to existing owners of their digital streaming products. Are Linn rubbish for this? The answer's no, I think they've been rather clever and served their customers well!
Pedro