http://www.carstereo.com/help/Articles.cfm?id=29
Enclosure volume affects Qtc. Large enclosure = lower Qtc, smaller enclosure = higher Qtc.
Now, look at that graph and notice the big hump in the response in the upper bass/lower midbass region for the higher Qtc (smaller box size) enclosures. Notice how the smaller the box gets (the higher the Qtc gets), the larger that hump in the response gets. That's what he is referring to as "peaky".
Larger the enclosure (lower the Qtc), generally has better low frequency extension, better transient response, flatter frequency response, and better efficiency at the cost of lower overall output. Smaller enclosures (higher Qtc) generally have less low frequency extension, worse transient response, peaky frequency response, less efficiency, but with more overall output. But notice if you go too large, you can again start loosing low frequency extension......an enclosure with a Qtc of .707 has maximally flat frequency response and the lowest F3 (best low frequency extension).
A larger enclosure is typically
perceived as being "boomy" because of the flatter frequency response and better low frequency output (i.e. the slow frequencies that sound "boomy"). But, in actually, it's
less "boomy" than a smaller enclosure. It's actually more accurate with tighter transient response. Likewise, a smaller sealed box is typically
perceived as being "tighter" and "punchier" because of that hump in the response in the upper bass/lower midbass region (the "punchy" frequencies) and because of it's decreased low frequency output (less output of the "boomy" frequencies). But, in actuality
the small box is more "boomy" (because of that unflat frequency response) and less accurate. So, those descriptions are more of
perception than actual response.