OK, here’s my 2 cents worth.
Like drurb said, “Cabinet design is crucial”!
Having a properly ported speaker cabinet can make a huge difference in the lo end response abilities of a speaker. This physical shortcut was developed in order to off set the limitations of the speaker. However, things have really changed over the years and we now have some very efficient and wonderful speakers out there on the market. Therefore, using a ported cabinet is no longer really essential.
I found, when I was first going through this amplification experiment, that the very best frequency response and UB reproduction sound that I ever got was by using a couple of stacked Bose 802 speaker cabinets driven by a Walter Woods. I have never heard any reproduction better! This essentially provided me with the more speaker surface than using two 18” speakers, but it also gave me good high frequency response, as well as, all of the low end needed. In small rooms I would use just one Bose 802 and that normally covered my needs very well. Again, a single Bose 802 has more speaker surface than an 18” speaker cabinet. (and much less size, plus it has good high end responce!)
I walked away from using them because they are a real pain to set up and tear down! I simply reverted back to my old Ampeg B15, because, after putting larger rollers on it, I could lay my UB on top of it and easily roll the whole thing in and out as one load! As I use a lo B on my upright, I converted the B15 over to an 18” speaker, and this helped considerably.
I must admit though, I did get another UB fellow hooked on the Bose sound and he still uses the WW/Bose arrangement. (But he’s much younger than I am!) . . . . . . . (and, disgustingly, . . . . . . a much better player!)
Anyway, I wound up working a gig that had limited stage space and my Ampeg was taking up too much room. I compromised by building a downward facing speaker into my music stand (as this was a reading gig!). It’s common knowledge that lower frequencies tend to travel along the floor, so a downward facing speaker becomes much more efficient for use with an UB. I have found that I get just as good a response and volume with a down facing 10” speaker as I do with a forward facing 18” speaker.
Well, this gig went on for a while and sounded good, but I wanted it to sound better. There was a second raised level behind me that would allow me to set up an extension speaker. I felt that I needed more high end response, so I was able to obtain an Acoustic Image Ex cabinet to use in that location. It made night and day difference in the sound! And, because of this experience, I have now converted exclusively to the AI Contra as my main rig and use the AI EX speaker on those occasions that require more coverage. Again, this is using 10” down facing speakers.
Therefore, to answer your question, given a good frequency response speaker, the design of the cabinet can make all of the difference in the world. However, if you want to get the full range coverage for your ax, you’ll probably need both high and lo end speakers. (maybe even a mid-range!).
So, you’ve got a fun path in front of you. You'll enjoy experimenting!