Tylercoupe,
I don't know I would agree that the Ref 5 is any more than 80% of the 40th AE. I had them both for a while and when swapping back in the Ref 5 the sound compared to the AE was thin (something I never thought I'd say about the Ref 5!) and had far less speed, macro and micro dynamics were no contest, the AE blew away the Ref 5, the background was quieter too. In fact, while the AE definitely has better bass control, that was the one aspect that was least significant in my system.
While I am sure the better value likely lies in the Ref 5 SE (especially as you can't buy and AE anymore!), their is no way it comes that close to the 40th AE!
I don't know I would agree that the Ref 5 is any more than 80% of the 40th AE. I had them both for a while and when swapping back in the Ref 5 the sound compared to the AE was thin (something I never thought I'd say about the Ref 5!) and had far less speed, macro and micro dynamics were no contest, the AE blew away the Ref 5, the background was quieter too. In fact, while the AE definitely has better bass control, that was the one aspect that was least significant in my system.
While I am sure the better value likely lies in the Ref 5 SE (especially as you can't buy and AE anymore!), their is no way it comes that close to the 40th AE!