Are audiophiles still out of their minds?

I've been in this hobby for 30 years and owned many gears throughout the years, but never that many cables.  I know cables can make a difference in sound quality of your system, but never dramatic like changing speakers, amplifiers, or even more importantly room treatment. Yes, I've evaluated many vaunted cables at dealers and at home over the years, but never heard dramatic effect that I would plunk $5000 for a cable. The most I've ever spent was $2700 for pair of speaker cables, and I kinda regret it to this day.  So when I see cable manufacturers charging 5 figures for their latest and "greatest" speaker cables, PC, and ICs, I have to ask myself who buys this stuff. Why would you buy a $10k+ cable, when there are so many great speakers, amplifiers, DACs for that kind of money, or room treatment that would have greater effect on your systems sound?  May be I'm getting ornery with age, like the water boy says in Adam Sandler's movie.
I'd say I like John Williams more than others, but I mostly listen to flamenco guitar. Paco Pena is excellent not to mention Paco de Lucia of course.
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dracule1 OP937 posts06-17-2016 12:36amBTW, I was a chemistry major in college, so I do have more than basic understanding of physics and materials science.

Ok Drac, I will give you credit for your humor. That is friggin hilarious.
Since you brought math up into this equation. I think everyone should listen to Xenakis on the Erato label, since his compositions are based on mathematics.
Watts, you're the self proclaimed master engineer, but all you do is throw around "decision matrix" and "permutations" to make yourself sound intelligent.  But we all know you have real insecurity issues to deal with. You gotta stop bringing up your childhood, economic status, and your "awesome" job with Mercedes, BMW, and US military.  No one here has posted so much about how great they are. Love the way you look down upon me and attack me, while proclaiming yourself as humble fair minded individual and the all knowing psychoanalyst.  "Hell has no fury over a woman scorned" aptly describes you.  How's that for hilarious?