watkins656 wrote:What exactly does 'refurbished' mean?
It means it left Klipsch and came back to them (in this case, because the warranty is theirs). They tested it (and repaired it, if necessary). Now they are selling it again.
It does not necessarily mean it was broken, but that's a decent assumption. It could have been returned by someone who changed his or her mind, or has a new iPhone, or something like that.
Since, unlike a lot of the iDevices Woots sells, this is actually a manufacturer refurb, and the warranty is a full year, I would not hesitate to buy it.
In fact, I think I am going to get one for the bedroom.