The band I play in uses Peavey SP4s on top and their folded horn single 18 subs.
Powered by Crown MacroTechs, this system is the best club sound I've ever used.
Period.
The trick with the SP4s is that the 2x15" Black Widows have a passive crossover between them at 250hz.
They sound surprisingly good when used fullrange (fried crossover, but it was just a wedding) but when used with good subs they really sing.
The bottom 15" only has to worry about 90hz-250hz, so I can dial in as much meat as I need and they'll never fart.
The top 15" covers the vocal and guitar range really well, up to 1.6Khz I think.
Without those lower frequencies making a mess with IM distortion, it does a really great job of staying clean and clear and articulate, while a 6 or 10" mid driver would have trouble handling the same amount of power.
Might as well mention the horn...
Very wide dispersion, especially compared to the EV and JBL tops I mix with other bands.
And the bottom of the horn slopes down at a much sharper angle than any others I have seen, so the people sitting in front can hear very well, instead of the highs beaming over their heads.
Other brands also have a passive crossover between the "low" drivers.
With subs added, you get a four-way system with just 2 amps.
Just because there are passive X-overs doesn't mean the sound can't be amazing, and you can still bi-amp them if you want.
I ran sound for a band that ripped out the passive X-overs and tri-amped their SP4s, and it sounded terrible compared to the way they were designed.
I warned them!
First band I ever quit in almost 30 years.
That says something for cabinets that are well-designed and built--2-way, 3-way, doesn't matter.
Sound is all that matters.