Nothing like replying to your own thread, but it seems that this
comparison has generated as much response as it did a year ago
at this site. Zippo. So, for future future seekers who find this thread, I drove down to Guitar Center yesterday and checked out these mini-monitors. The staff there is evenly split on which is the better monitor--typical of monitor opinions--with some staff saying that the Events are "smoother." In the end, I bought the M-Audios because of their significant EQ options, and after two days of mixing at home, I couldn't be happier. In fact, I'm finding them easier to mix with than using my older Alesis M1 MKIIs--the BX5s are crisp and clear, with excellent imaging, and the bass, while barely enough (typical of 5" speakers) is clearly present enough to let me know what's going on there. Very nice, overall.
If you're like me, with very limited desktop space (my Alesises were overwhelming me physically), under $300 to spend, and with a preference for balanced sound (not mixing bass heavy dance tunes), then I'd recommend putting the BX5s on your short list of small monitors to check out. They're a surprising amount of bang for buck, and lots of folks--jazz great Ray Charles and jazz-rocker guitarist Carlos Rios, to name a few--seem as satisfied as I am with their little BX5s.
It's all about compromise, but this one works well for me and
my Yamaha aw16g.
Best,
J.