The puzzle of the soft X-ray excess in AGN: absorption or reflection?
  The 2-10 keV continuum of AGN is generally well represented by a single power law. However, at smaller energies the continuum displays an excess with respect to the extrapolation of this power law, called the ''soft X-ray excess''. Until now this soft X-ray excess was attributed, either to reflection of the hard X-ray source by the accretion disk, or to the presence of an additional comptonizing medium, giving a steep spectrum. An alternative solution proposed by Gierlinski and Done (2004) is that a single power law well represents both the soft and the hard X-ray emission and the impression of the soft X-ray excess is due to absorption of a primary power law by a relativistic wind. We examine the advantages and drawbacks of reflection versus absorption models, and we conclude that the observed spectra can be well modeled, either by absorption (for a strong excess), or by reflection (for a weak excess). However the physical conditions required by the absorption models do not seem very realistic: we would prefer an ''hybrid model''. 
L. Chevallier, S. Collin, A.-M. Dumont, B. Czerny, M. Mouchet, A. C.   Goncalves, R. W. Goosmann