I did an A/B test with my cab yesterday, grill cloth vs. no grill cloth. I actually noticed a difference. The cabinet I have is a GK Neo 412, and these speakers can really move some air. I felt a lot more of that without the cloth, obviously, but it also seemed a little bit louder?

Gah, maybe it was just a placebo, not sure. But the speakers were definitely moving more air without the cloth there, and that's got to at least count for something.