OK. After a lot of googling, I hit the meaty articles. Swan M10 are definitely good. According to the word floating around, they are not as good as the MK1080 (despite the lack of the sub/midwoofer). And they don't hold a candle against the M200 (which is what I would have gone for, had they been available).
So, after 24 hrs of dilly-dallying, the situation has gotten clearer. M200 and MK1080 are out due to non-availability. A2 is also out. Creative Gigaworks T40 (this is what I was considering earlier) is in the rubbish bin because they are twice the cost of M10 here (yowza!).
All that is left are the M10 and AudioEngine A5. The M10 seem to be better poised considering that I am in a dorm room which is 13''x10''. But then, I graduate in less than an year after which I will have a large room of my own in which the A5 would be better.
Ahhh... screw it. No point in using my head about what will be best after an year and all that... I am going for the M10...
@dishkyun
I looked up Sonodyne as my first choice. But they do not have demo rooms at Chennai. Lack of reviews is another factor which is making me hesitant. Also, ak100 is priced at 699 euros in Europe. Even if it the price is *halved* (unlikely), it would still be far too costly compared to the M10.
Edited by avalanche - 5/18/10 at 5:14pm