[So this got really long by the time I was finished. Sorry? Here's a summary for the TL;DR crowd:
-Loving the sound. I don't know if they're actually "neutral" but that's definitely how they sound to me. Tracks with bass sound bass-y, acoustic tracks sound realistic, etc.
-Compressed wall of sound tracks can sound pretty bad. They probably should sound like a jumble since that's clearly how they were produced, so I'm inclined to make this another point for neutrality.
-Not loving the physical build of the headphones. Would prefer to transplant this sound into a better headphone design.
-Comfortable, which seems contradictory to above but isn't. Once they're on and sealed properly they're great to keep on so long as you don't do a lot of moving.
-Obviously they look silly, but I don't care.
-May need to compare to something considered similar like the Spirit Pro b/c of issues with the build]
A shot of me wearing them:
Sorry, couldn't resist. Moving on...
Physical/Design:
This sound seems to be exactly what I was looking for, however I'm generally unhappy with the majority of the physical aspects of the headphone. Aside from looking silly the headband seems weak and easily breakable (I see there's actually already been a story of a broken headband on here). I have a feeling the clamping force is going to get weaker over time, which is bad news from my perspective because I also get very little clamping force at the bottom of the cups.
It seems to me that the wacky headband design is intended to provide force against the center of the cup because the connection should do this when worn:
_ /
| /
| /
|/
|
_|
My head's apparently too wide for this to work and the metal bit that comes out of the cup ends up lying flat against it like so:
_ |
||
||
||
|
_|
Which puts the majority of the clamping force on the top and makes it really easy to break the seal by moving your head around. If I keep relatively still it's fine, but it results in more adjustment than I'd like from an over-ear headphone. If the clamping force gets weaker over time due to the obviously very thin metal of the headband this could be more of a problem than it already is.
I've seen pictures of the Focal Spirit Pro worn (also looks relatively silly) and its approach seems like it's likely to work with a larger range of head sizes... Basically the headband is "normal" but then juts out right above the cups so that it can apply inward pressure regardless of the overall headband fit. Another crude rendering:
|
\
\
O
_ /
| /
| /
|/
|
_|
But I've also seen other shots where this didn't work out and it ended up flat anyway. Overall I think V-Moda nailed it when it comes to getting even clamping force in a portable by putting the connections on the side of the cup and closer to the head than the back of the cup. Avoids anything sticking off to the side very far while making sure that force is only ever applied to the center of the cup.
It's really unfortunate that the headband isn't better, because the cups themselves are very comfortable and sufficiently large considering the overall bizarre trend towards headphones for people with tiny ears (did someone do a survey and find that most headphone users have tiny ears? What is going on here?). Square pads aren't the best choice perhaps, but I think it would be fine if the clamping force were properly distributed on my head.
I also get a good amount of what I guess you might call creaking. The metal poles that come out of the headband for adjustment do a bit of wiggling where they meet the part that comes out of the cup and make some noise in the process, and the hinge at the cup itself (that lets the cup rotate up/down, not the fold flat mechanism) does that classic "makes a crack noise when it first moves" thing I've seen with a lot of hinge mechanisms. Like the seal concern this never comes up if I'm just sitting at a desk, but when I move my head significantly or touch the headphones at all I always get one of those "crack/pop" noises. Not a huge complaint, but since they're marketed as portables I think it's worth bringing up.
Including this here because it has nothing to do with the actual tuning and is more of a build consistency issue: The drivers seem very well matched. This is a personal point of frustration for me with many headphones (for example I recently returned a K545 that had terrible driver matching). Beyond simply creating L/R channel imbalance a headphone with poor driver matching makes you wonder just how different other units are, and that's someplace you don't want to go when you spend several hundred or above. On another forum I read a comment stating that Paul Barton was very aggressive with the manufacturer about driver consistency and I really respect that. Off topic, but I also have a lot of respect for V-Moda's attention to this subject even though I don't feel the M-100 sound is right for me. No headphone in this price range or above should have driver consistency issues and I'm more inclined to give my money to companies that understand this.
Sound:
Once they're on it's a different story. I'm not particularly an expert on what neutrality implies in terms of audio gear, but from a physiological perspective I would say that finding output neutrality is a matter of finding what is psycho-acoustically perceived as neutral. In that regard I'm inclined to believe that the headphone target curve research this tuning is clearly based on (see IF's comparison between the target curve and the HP50) is headed in the right direction. My ears seem to agree, as I've found the HP50's primary sonic feature to be that it has almost no sonic features at all.
In other words, you could give someone these headphones and a particular track and they might come to the conclusion that the HP50 had the properties of that track. If I play something from Massive Attack's Mezzanine, which is electronic music from the late 90's and has a really good dynamic range for an electronic album, I might think this was a bass-heavy headphone like the M-100. Play a more modern electronic track with a compressed dynamic range (and thus very little bass emphasis in the track itself) and you could think they were too low on bass.
Properly recorded music (especially from actual physical instruments) has consistently sounded excellently realistic on the HP50, which to me seems like a reasonable if purely subjective test of neutrality. In my experience a headphone like the HD25 or M-100 adds a desirable frequency emphasis to over-compressed music, but also has a tendency to make actual recordings sound wrong (why's that bass player so much louder than everyone, who makes cymbals the lead instrument in a track, why are all the bass instruments in this orchestra positioned in the audience, do I have a vocal remover EQ on, etc.). I'm not trying to say that these are objectively neutral for recording reproduction so much as I'm saying that they seem extremely neutral compared to the competitors in their class.
I've also had very positive results from positional audio tests (some binaural recordings, a bit of "where's that helicopter" in Battlefield 4). I feel this more or less translates into soundstage, basically the ability to clearly detect positional data in the audio when it exists.
On the other side anything that was over-compressed sounds like it looks when opened in an editor: Like a fat, jumbled mess of noise. Try Radioactive by Imagine Dragons if you want to hear the most disgustingly compressed sound brick ever (so compressed and clipped you could probably argue it's a hipster aesthetic thing). For tracks like this some added bass and possibly treble is basically required to make it possible to follow (gives you something to focus on and distracts from the jumbled sound wall effect). Honestly not really a big loss; Even with the correct frequency emphasis a track this compressed doesn't ever sound better than "slightly acceptable."
Conclusion:
I really wish this sound came in a better physical package. Giant studio monitor format would be fine with me, but if we need to stay portable I'd love to be able to transplant this sound into the M-100, or maybe the P7 (though I haven't actually worn these so maybe I shouldn't say that, they just look like they'd fit really well). In fact if I had any influence over what V-Moda was doing I'd tell them to get on that immediately.
I use an Amperior when I want a portable headphone because it works really well in that application. The mid-bass punch and treble spike allow you to still follow the music when there's noise without turning it up to dangerous levels and they do a great job of staying in place (plus you can wear pretty much any type of sun/regular glasses without breaking the seal since they're on-ear). The sound of the HP50 would make a perfect home headphone for me (need closed if you're curious), but I feel like designing it as a portable created a lot of physical compromises for zero gain in this case.
I'm very torn at the moment. Great sound, but will that get me past my issues with the physical headphone itself? Because of my issues with the design I'm probably going to also look at the Spirit Pro, which seems to have a very similar sound according to measurements and subjective reports (and high clamping force is a plus for me). I'd also like to try the 7520, but without seeing any measurements I don't know if I can trust Sony at this point. Both of these headphones seem strangely hard to find, even online.
I also feel like I should try the PSB M4U 1 since its measurements appear nearly identical (tuned by the same person so not shocking), however I'm concerned that its physical design would also bother me (looks like it's trying to be a Beats knockoff and has a plastic headband that seems like it could crack in addition to those folding hinges that.. well you get the idea). Maybe it would be comfortable and seal more consistently though, which is all I really want to change about the HP50.
The remainder of this post discusses the loudness wars vs. neutral gear. It's maybe kind of off topic, but this is essentially part of my reaction to the HP50 so I'm including it.
I really hope this is how things will move in the closed headphone space. The current trend of frequency emphasis headphones is simultaneously a symptom and a cause of the loudness wars from my perspective. It begins with compression of dynamic range in order to "win" the loudness war (sound louder than the previous and next songs when played side by side). This tends to remove any frequency emphasis from the track that was supposed to be there, so music which was intended to have powerful bass or detailed treble often loses these features. Because bass is the hardest to hear, especially from headphones, having the bass levels in the track equal to everything else sounds anemic when it's played back from neutral gear. To solve this the end user adds bass emphasis (often by purchasing a headphone with bass emphasis).
After some time passes most people listening to popular music are doing so on bass (and frequently also treble) emphasized headphones, so now it just makes sense to produce tracks specifically for this type of gear if you're making a "mainstream" album. This means even flatter songs (we've all seen the big log of sound you get when you open these tracks in an editor) which basically demand bass and/or treble emphasis to sound like anything other than an incoherent mess. The end result is that if you listen to anything modern and mainstream you're going to need a "bass-head" output just to get back to something that sounds relatively natural.
It's a really messed up situation because it essentially forces the listener to own one set of headphones for modern over-compressed music and another more neutral set for tracks that have actually been recorded/produced correctly. Maybe for some it's reasonable to just drop the compressed tracks from rotation, but for others that may not be acceptable (you may really a like style of music which is only ever produced in the form of a sound brick).
The point of this rant is that I think a headphone like the HP50 is a huge step forward. If the portable/closed market swings back this way over time we might someday see a return to frequency emphasis in the track, not the gear, which would be a big win for absolutely everyone. It seems so stupidly obvious (and in fact probably is to most here), but with relatively neutral gear at the user's end artists are free to produce whatever sound they actually want; Massive bass for EDM, natural sounding records for acoustic music, etc.
With digital distribution now the primary method it's not even unreasonable to imagine multiple versions of an album released; One for "mainstream" and another for those with relatively neutral gear. I can't seriously believe that musicians are producing these tracks deliberately so much as they're bullied into it by labels and producers (and the very real fact that quieter music doesn't sell as well).