Hello All:
Warning I am somewhat biased, but...
There are many benefits to using a subwoofer as part of a monitoring system. However, the key is to use proper bass-management electronics (correct summation and crossover networks), that allow you to properly sum your monitors to that SUB. When done correctly a SUB/SAT system should perform as a seamless monitoring system that will offer considerable advantages over conventional "quasi" full-range speakers.
The main advantages of a a SUB/SAT based system over a pair of conventional "quasi full-range monitors" are going to be; smaller main speakers that are easier to place (better imaging), better LF response, reduced inter-modulation distortion and more repeatable LF response from room to room (small or large).
The point about "more repeatable LF response from room to room" is one that people often don`t fully understand or overlook. However, how low frequencies sum, from two or more different sources (left and right speakers for example), will depend greatly on room acoustics, the relative distances between the speakers, the relation between the speakers and the boundaries in the room, which speakers are playing, the phase relationship between these signals, and where the listener is in relation to the speakers in the room. These factors are highly complex and will be different from room to room and will vary greatly between Mix A and Mix B.
Electrical summation of the LF signals (as is done with bass-management / sub/SAT system), is a very predictable and repeatable way to get consistent LF response. LF phase issues between channels are resolved in the most absolute and accurate way - electrically. Using one or more subwoofers in a room, which are placed for the best bass response in that given room, will 99% of time provide the best overall system performance.
Additional information of the advantages of sub/SAT systems are explained here on our website.
http://www.abluesky.com/fullrange
Let me just finish by adding a couple more points -
1) The goal of a monitoring system is to accurately convey what is being recorded. People strive for the highest resolution, most extended response (LF to HF) in audio acquisition systems (microphones, pre amps, A to D, DAW), we shouldn't settle for less from our monitoring systems.
2) The monitoring "system", includes the room and it is important for all users to address the acoustics of the room, when looking at upgrading their monitoring system.
For general acoustic info, we just added this section to our website...
www.abluesky.com/acoustics
I hope that helps...
Cheers!