Compared with the 40x, the 50x are a little more relaxed, a little less natural sounding, with more soundstage and spaciousness between the instruments. With the 50x, you're in the front row watching the band perform. With the 40x, you're IN the band, on the stage, with everything right in your face. Small soundstage, clean, clear separation (but not much spaciousness), exciting sound.
The 50x would be more for the casual listener, straddling that line between "audiophile" and regular listening. A great headphone. The 40x would be more for people who want to analyze their favorite recordings and "experience" the studio. It's a toss up. Neither one is worse than the other, but it really depends on what type of experience you want from your headphone. Also, I'm not finding the lack of bass on the 40x that everyone else seems to complain about. These things thump deep. They sound great. The vocals on the 40x are amazing too.
Gonna do another shoot out tonight when my friend brings over his 50x so we can compare. He's thinking of either grabbing a pair of the 40x to compliment the 50x or returning the 50x and getting the 40x.
I'm thinking about picking up a pair of the 50x myself to have both. What I'm REALLY curious to know now is how the 40x compare with the 70x.