I took my new toys with me to work and let a couple of guys who appreciate headphone have a listen and as I suspected they found them too bass light for their music which is pretty much heavy beat electronic stuff. So it does appear these are a bit of a niche type headphone. But I have to say they are MY NICHE headphones

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BTW my niche is Classic Rock from the 60's to the 90's, accoustic music, folk music, all forms of Celtic music, New Age, Jazz, all forms of Classical music, hard rock (70's and some 80's), some old school metal, psychedelyc rock... wait a minute! maybe that electronic stuff is the niche!!!)
I have found a couple of DB increase with an EQ in the bass is all these need to shine and I have actually started to not even bother with that when using them with my iphone as I find the built presets on the iphone pretty much garbage and while I own and occassionally use EQU I find it's UI kinda limiting plus it drains the old batteries pretty fast.
I have seen all the posts about HD800 and the 940 and my 2 bits at this point is they are very detailed like the HD800 but lack bass in comparison. But that is based on memory only. The good news is I am going to a head-fi meet at the end of the month where I will have 3 HD800 I can sample. So I will do some A/B tests and take note at the meeting to help shed more light on this from what I hear at the meet.
Whether they are as good as the HD800 or not doesn't matter as much to me as the fact they are a very good headphone for their price. I have owned a pair of HD600 and AD900 headphones, both which are similarly priced and I definitely like the SRH-940 more. In comparison I would say the AD900 had the biggest sound stage of all 3 but it felt artificial and the HD600 and 940 are about a tie for sound stage. The HD600 had better bass than both the AD900 and 940 with the 940 comining in second. I would prefer if the 940 had as much bass as the HD600 but with minimal EQ'ing I think I get a similar quantity of bass that is tighter and better quality out of the 940. The mids of the 940 are vastly superior to either the AD900 (thin sounding) and the HD600 (slightly recessed or veiled) as the 940 is very full in my opinion and much more detailed than the other two. The treble is also better on the 940 in my opinion as I found the AD900 to hot and often times sibilant and the HD600 just did not reproduce cymbals in in a realistic way (I found them to have a ping like quality that just bothered me to much). The final point for me is the fact that these sound this good and are a closed headphone allowing me very similar sound stage and instrument seperation to open headphones without having the challenges in regards to sound leakage that open headphones have.
I have to say I am a bit saddened that the voice of Tyl and Jude have enough weight to derail these as a quality headphone. I understand they are both well respected members of the audiophile community and I enjoy their posts and reviews very much. But at the end of the day they are just two more opinions in a very large community so it would be a shame if their voice out weighs so many other voices on this headphone. I hope a few more people will at least take the time to try these at a store if possible before writing them off.