They can sound better, but it's DYI, guys, so
YMWV.
For any source, I always will take the Rastapants over my 650s, and for most material I prefer the them to the LCD2, though there are some recordings when the LCD2 sounds better to me. This is kind of why I went on a test vs. pure ear rant the other day.
Rastapants O2 current design:
LCD2 Rev 1 (Btw, when Purrin tested this set he said it was the best result he'd seen on the LCD2s to date):
And the HD650:
The 650's bass is not as powerful as the Rastapants, though it appears it from the charts, and the 650s mids from 1-5K seem over the top, and sound artificially forward relative to the Rastapants or the LCD2. Also, you can see that below 100Hz, there's more distortion on the 650s than the orthos. The LCD2 and 650 are both a bit flatter in frequency response than the Rastapants, but that's because they are open and there are no back waves or other issue to address. However, as open devices all ambient noise intrudes, so this is a bit of a red-herring.
Interestingly, the Rastapants kind of falls tonally between the 650 and the LCD2, and maybe that is why I like it so much. Like the 650 it has the bass slam from 50-200Hz that gives heft to the lows that I love, and while it doesn't go quite as low as the LCD2 in practice I seldom notice the absence because it still has real output to near 20Hz. In the mids and highs, the curve is closer to the LCD2, and it really offers the same clarity and ease. From a transient response perspective, the Rastapants generally is faster than the LCD2 in the mids, and both the orthos are faster than the 650.