As far as the thread topic -- I think any applied field, you can frequently truthfully say there's been nothing truly new for decades. Really everything we work with today comes from Altec way back when. Aeronautical: Really nothing new since jet turbines. Chem E: nothing really new since early last century. On the other hand, in each field we're bringing new developments to the conferences and to the market. Even if it's incremental advancement, sometimes those increments are meaningful.
Something that's really stands out to me about music instrument amplification is how much we're stuck in the 50s and 60s when the electric guitar and bass sounds were developed, in a lot of ways because of cost and availability, the desire for volume, etc.
wrt BFM, I recently was reading the thread about ISI. Early in the thread, there was notable nay-saying about the company and their engineers, that their speakers could never sound good, they didn't know what they were doing, etc... A lot of the sort of e-peen stroking that happens so much on TB (to the point I've given up on the community a couple times, myself). Some of the "experts" here have the initial response of stroking the epeen and trashing others' ideas without giving full consideration.
In fact, from people who've actually played ISI's gear, they're quite good, even tho different from the industry-standard Ampegish sound. In fact, their engineer (Dan Wiggins) is well-informed, thoughtful, and applying good design principles.
That thread is just one example of how some portion of this community tends to attack as a first knee-jerk reaction. Even if the peen is massive (and certainly BFM has contributed a lot), IMO it carries negative consequences on discussions when it quashes and quells others' attempts to contribute.
ISI thread if interested:
http://www.talkbass.com/forum/f15/industrial-strength-industries-844655/