It certainly does address what I perceived might have been a problem...I'm not certain is would be too big of a deal, but I just thought it was beginning to look like a somewhat complex acoustic system. At any rate, you certainly seemed to have resolved it. The newer design wouldn't be as ridged as the previous one, but it should still be plenty sturdy...I kind of thought the first design looked like a bit of overkill. I'm presuming you're planning on using 19mm ply? And the overall dimensions are something like 75 H x 60 W ?
And I get that you're trying to make it with a removable baffle board, but unless you're planning to remove it dozens and dozens of times, threaded fasteners would be overkill...and IME, are somewhat difficult to get exactly right when working in plywood, even when just using T-nuts. One approach would be to use wood screws (and a gasket) until you're certain you have the final tweek done, and then glue it in. OR...you could split the baffle board into two sections, with only the part of it that carries the ports being removable. (Presuming adjustments to the ports is what's motivating the decision to employ a removable baffle board.) But a gasketed baffle board, secured by wood screws is a perfectly valid construction technique. I staple and glue my baffle boards in, but there have been times when I've regretted having done that...like when I wanted to change/upgrade the horn in a 2-way design.
Adding additional depth to accommodate a recessed grill is obviously a great recommendation...I kinda presumed you were going to do that anyway. Edit...just saw your latest post...so never mind on that. I'd at least put round, steel mesh grills over the drivers to protect them, but hey...to each his own.
What drawing program are you using? Your drawings are great...very lucid.