navindra Agreed. Stu is being diplomatic as usual, so one has to read between the lines. His is the first review that try to explain sound quality issues and suggest remedial tweaks. This does corroborate other non-dealer sponsored, personal reviews that NV12's sound does not meet expectation, even though everything else (especially the action) about it is outstanding.
Since every reviewer seems to rave about the sound quality of NV6, the lackluster response to NV12 hints that going soundboard only (without speakers) might be a mis-step by Kawai. Although to be fair, I don't see it being an easy task to incorporate both speakers and soundboard into this design. What's left unanswered is whether NV12 sounds better than NV10S - the latter was never praised for its speaker system either.
Last but not least, the price (and availability). If it weren't for the price bump, and the US market specific markup, maybe NV12 sound quality would feel more acceptable?