When i was looking at the axiom page at Marc's audioshop or whatever its called i saw what appeared to be the M80's with one of the tweeters in the upper midranges place and the midrange where the tweeter goes. Is this a new M80? am i missing something?

That is actually an old picture from, if I am not mistaken, the configuration of M80's sometime in the year 2000. The pictures on the Axiom website are what M80's currently being manufactured look like.