Sure. And for the price, they should be. Just like there's a lot of good sounding conventional box loudspeakers out there as well (too many, imo.. and thousands that sound like crap, too.. even when price would lead you to think otherwise). They can still sound good and do many things well, while still being a monopole loudspeaker. However, their sound can probably be easily distinguished as such, as it'll lack most of the pleasing characteristics that dipoles tend to provide. As for open baffle loudspeakers, with the exception of planars and electrostatics, there's really not very many available in the mainstream market. Which is probably mainly due to size and aesthetics, on top of the fact that when the average consumer now thinks of a high end audio system, they most likely think of several little boxes around a room for multichannel audio in a home theater setup, which is far from ideal for strictly music.
The design of a loudspeaker is nothing but a matter of trade offs. Which of those trade offs are chosen depends on needs, preferences, and goals for the design. I would assume that a lot of the same holds true for headphone design, although things seem to be a lot more straight forward and less complicated, due to the fact that there's much less involved.. like enclosures, room interaction, crossovers, multiple drivers, etc. As such, I think a large portion of a great headphone design is highly dependent only on its drivers and the things surrounding it (earpads, etc).
Most people don't even realize that when the first conventional dynamic loudspeaker drivers first came about many decades ago, they weren't mounted on anything at all. It wasn't until the realization that low frequencies could be reinforced by cramming it in a box that it became a standard. And, of course, that brought with it some trade-offs.
