tonepub
Senior Member
I think the seasoned audiophiles just want to be done with it - suck it up and buy it all to be done with it (until the next "best" product comes out). They already know what they want, and it is a matter of affording it.
I am not sure if those new to the hobby would appreciate a $20K speaker if they have not built their systems around a $3 or $5K speaker.
I think you are absolutely right. It's hard to tell how good the really good stuff is if you haven't started somewhere.
While there may be a million audiophiles out there, there's a lot bigger audience that just enjoys music and don't necessarily want to make audio a hobby. As much as I like talking about gear, setup, etc. those are the people that often really have a "wow" experience with even pretty modest gear.
If the industry can ever tap into those people, they won't be worrying about staying healthy.