Thanks Zanth for taking so much time to do the comparison and review.
My personal findings have been a little different than what has been relayed in this thread both by Zanth and everyone else replying. I wonder a little bit if there may be quality control issues between older Grado HP headphones and also how their sonic characteristics are effected by aging and usage.
My thoughts:
The HP-1000 has to my ears the closest to flat frequency response and the most neutral sound of any dynamic headphone I have yet heard. To me, it bests even the Etymotic ER-4S in these regards and by a significant margin.
For my taste, the RS-1, while certainly smoother than the SR-325, is still too bright to be of real interest to me. Its bright treble, I believe, can give the illusion in AB that it has higher resolution but I believe the gist of Zanth's review proclaiming the HP-1000 as "too analytical" betrays this belief. The HP-1000, provided there's nothing wrong with it, is truly of higher resolution. That you hear more high frequency detail is not surprising, though, given how exaggerated the high frequency response is of the RS-1.
The HP-1000 does not, in my opinion, have rolled off treble. Of course, it may seem as such when comparing to the RS-1. It may even seem so when comparing to peaky headphones like the HD600 or even the Sony R10 but I believe long term listening tells a different story.
The flat pads, in my experience, offer deeper bass than the bowl pads. The sound of the headphone is slightly brighter with the bowl pads and the flat pads, approriately yield a more flat response. At this point, I do not believe the HP-1000 bass is exagerated but is very approriate.
The HP-1000 is a very quick and punchy headphone. Its bass is very tight and focused compared to the phones like the HD600. I believe this is something that Grado fans old and new love about the Grado brand. If you're not used to getting such a good bass response, I could see how it could be viewed as over-emphasized but disagree that it actually is. The HP-1000 is missing the lower midrange bloat of most other consume headphones (V6, HD600, ER-4P) but has greater and, as Zanth said, natural bass extension.
What I feel is overlooked by most Grado fans in reviews is the fact that to most other people, these headphones aren't really very comfortable. If the R10 and W2002 were a 10 in comfort, the Beyerdynamics might be a 9 or an 8, with the Grados being maybe a 5. However much effort Joseph and John put into designing their drivers and cables they're idea of headband design is lacking to say the least. It is how it looks - a simple band that rests on the top of your head. Lean over and they may slip off entirely. And, in my view, no pad - bowl, "comfy" or flat actually ARE comfortable.
I do think it is a real shame that Grado does not feel this product is worth producing currently. Whichever Grado headphone you may prefer, the HP-1000 is undeniably a VERY different phone from any of their current models and I think it would easily find a following in today's marketplace. Hell, they might even have invented a way to keep the red lettering on the metal by now.