3) look at a Galaxy Hot Spot monitor as a comparison or option

Kelley based upon placement, dual 3.5's and the tweeter you'd almost certainly get better bass response and a better concept of blend from a floor positioned small wedge.  You can try that (I think MF and AMS have fair return policies if not happy), still I'd opt for a larger cab with a larger speaker personally.

JMO

Harmony central (check to see if more users have responded, this has been out for awhile)


3.2 S.O.S. "Hot Spot" Musician Monitor Loudspeaker from EV

December 4, 2001
EV (Electro-Voice) introduced the EVID (Electro-Voice Innovative Design) 3.2 S.O.S. "Hot Spot" musician monitor loudspeaker system at this year's AES. The EVID 3.2 is an addition to the existing EVID loudspeaker lineæthe latest in high-quality, innovative foreground/background premium surface-mount speaker systems. With EVID, sound contractors can turn any place of business - whether a restaurant, bistro, bar, department store, outlet or other commercial environment - into a positive sound experience.

The addition of the EVID 3.2 S.O.S. expands EV's commitment to cater to musicians in a wide variety of applications. The EVID 3.2 features dual three-inch LF drivers and a 3/4-inch Ti-direct radiator. Designed to fit onto a performer's mic stand, the EVID musician monitor creates a whole new approach to personal monitoring. For adaptability and easy use, EV has included a 1/4-inch adapter and volume knob; the system also comes complete with a universal mic stand adapter and shock-mount mic clip. Perfect for situations where stage volume is kept at a moderate level, the monitor is ideal for houses of worship, clubs, coffee houses, rehearsal studios and anywhere live music is performed . The EVID musician monitor also provides a solution for stages with limited space. This is what singer-songwriters and solo acts have been waiting for: portability, unobtrusiveness and high-quality audio in an aesthetically unique, yet extremely functional design.

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Coffee houses, rehearsal, houses of worship are reasonably low volume Kelley. Not sure it's great for "pop" style.  <----(Kappy sticking nose in)
AND
whether a restaurant, bistro, bar, department store, outlet or other commercial environment

(perhaps if you wish to announce, "Good evening shoppers, there will be a sale in the lingerie section", it would suffice, but this really looks like it's suited for lower volume gigs, or public speaking)

Seriously, to me this looks like a very local, small add-on monitor for a performer that has other monitors as well for lows and balance. Doubt you'd want it as a sole monitor
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The EVID line features three full-range models including a subwoofer:

EVID 6.2, dual six-inch LF drivers and a one-inch Ti-waveguide ($580)
EVID 4.2, dual four-inch LF drivers and a one-inch Ti-waveguide ($340)
EVID 3.2, dual three-inch LF drivers and a 3/4-inch Ti-direct radiator ($256)
EVID 12.1 subwoofer with a 12-inch LF transducer ($480)
With EVID, you can expect the most preeminent sound available and unique styling to blend into any environment. Whether it's the EVID 3.2, EVID 4.2 or larger EVID 6.2, each model has the same unbelievable clarity and neutral character. The difference between models is low-frequency extension and SPL capability. Engineered to the highest standards in performance, all models feature dual-woofer design for deeper and smoother bass response. EVID's "shaded" line array design means more coverage control and easier system design, and EVID's

new Strong-Arm-Mount(tm) (SAM) system enables more secure, structurally sound and flexible installations. EVID speakers are also weather-resistant for most outdoor applications.
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Another concideration is, when you see something like that rated at "150 watts" it's often not true wattage (at least I don't think), I have computer speakers that are rated at "150 watts" that are actually the same sized speakers 3.5 inche, realistically they are at most 7-10 usable watts, sure I can sing thru them, and they sound OK...  as long as the volume is barely opened..

I think weve decided to get the Hot Spot but dont know which would be better the powered one or not. I really am not fond of the idea of people messin with buttons or knobs at the shows. More chance of $ down the tubes that way...So Im leaning more towards the one that isnt powered.