Well if the phase canceling occurs at higher frequencies you'd be able to hear it - f.e. vocals or highs can sound "strange" or "different" although still sounding undistorted, I guess it has to do a lot with psychoacoustics. I find following:
1. Sound with proper phase (no unwanted peaks or dips) across entire spectrum - sounds natural, detailing is good.
2. Sound with reversed phase on lows (canceling mid bass to bring sub-bass) - sound is unsettling for me, my mind is fighting to "understand" what's going on
3. Sound with one deep (case of many... many CI TWFK or DTEC TWFK comobs), not very noticeable, but there's small impact on final resolution of a monitor. i.e. it's more masking some of details.
4. Sound with minor phase incoherency in the upper spectrum - typically sounds intriguing - from my experience (measurements, observation, listening and reading reviews) those are earphones that gets a lot of attention because they have something "that sounds different or they do different" than the rest of IEMs.
and yes, really.
and? how's sound now?