More updated impressions:
There's no doubt about it; I really like these headphones. They feel more comfortable than my RX700s, they definitely sound better, and they continue to make music fun to listen to (just like the RX700s). Contrary to what I posted before, I now know what good sound stage should sound like, as well as what musical separation means. I've been listening to a somewhat muddied, veiled version of music.
The great thing is that I'm not even trying to find these differences anymore; they just make themselves obvious. In the beginning I was trying hard to look for differences between the PRO550 and RX700. I was being a bit overly analytical and was disappointed when I didn't perceive a huge difference. Eventually, I just decided to put on the PRO550s and listen to them for a long time (not burn-in long time, more like a few hours). Once in a while, it would hit me that a particular song sounded fuller; I could effortlessly hear details that I never really paid attention to because they were veiled and meshed into the background. At those instances, I would switch the headphones and listen to the song again through my old 'phones. Quite a noticeable difference!
I'm also happy about the bass in this headphone. It's weird to me to not have bass in music that incorporates it. It's what makes me bob my head and adds a fun factor.
The only knock I have against the PRO550s: the coiled cable they give you is annoying (and it's not that long). The straight cable they give you is like a yard long. I mean I know it's meant for MP3 players, but really? My RX700 has more than enough cable to travel from the back of the computer, around the desk, and still have slack to sit on the floor after I put it on my head.
I was really considering returning these headphones after the first hour of use. No longer the case.