I would expect to see the frequency response of the speaker + mic combination show up as darker and lighter horizontal bands in the image (since these spectrograms are plotted with frequency on the y axis). It might look really cool!
Edit: depending on the time alignment / phase response of the speakers, you might see the low frequency parts of the image get distorted to the right.
Edit: depending on the time alignment / phase response of the speakers, you might see the low frequency parts of the image get distorted to the right.