The Yamaha MSP5 are a great set of studio monitors. They are compact and each packs a truly huge sound. Because of their small size and weight, they are easy to move and place within a room. They are extremely well built and are very sturdy - it would be hard to break these. It also has the Yamaha seal, so you know you are getting a pair of studio monitors from a top, well respected, brand. These are near field monitors and are self powered, so you don't need an external amplifier. They are great mixing and general listening.
The sound from these monitors is full of life and produces a neutral signal that is an accurate portrayal of what you are playing, although sometimes I think they sound too good! The stereo image is wide and is definitely satisfactory. The overall sound of these monitors is crisp and clean, while maintaining a fullness not found on your typical studio monitors.
I've been using the Yamaha MSP5 studio monitors for about three years. I've used them both for tracking and listening and for mixing. They work great in all listening applications because they provide not only an accurate portrayal of the sound you are playing but because they cover the whole spectrum of frequencies. Yamaha has a reputation for being one of, if not the, best makers of studio monitors. While these aren't the best Yamaha monitors I've heard, as some of their higher end models are just ridiculous sounding, for the price these are a great set of monitors. The price isn't the cheapest, but if you are putting together a nice home studio, these are a great option because they aren't as expensive as some other monitors, like the Yamaha MSP5 , but are still top quality. Overall, these are a great set of monitors ideal for the serious home recording owner.