For myself, trying to recreate the live sound of whatever I’m listening to is exactly what I’m trying to do. I really enjoy systems that can sound live as opposed to highly detailed, overly etched “hifi” that like many high end speakers do.
If you read Holt’s reviews from the 60’s of the large speakers of the day, Altecs, EV, Bozak, he described them as 1st row, 10th row, mid venue etc. This clearly was his standard of reference also.
I have a big room, very nice horn loaded speakers & a good, powerful tube amp. When I play Eva Cassidy’s Nightbird ( recorded live at a small club), you could easily believe you’re at the show. It’s loud, very dynamic, clear, full of body & a ton of fun!! Even the talking in between a few songs & the audience clapping sounds right on.
Unfortunately, w/ today’s heavily digitized & digitally powered line arrays at every rock or blues concert, the sound is really hard & often annoying. This is why for myself, it’s even more important than ever to have a system capable of reproducing sound realistically. For example, I recently went to a Tedeski Trucks Band show in Boston. They’re a great band but the sound was all over the place & I had primo seats. When only a few instruments played, the sound was quite good but when the full group played, it became unclear & lost most of the group’s exquisite nuances. My system, for the most part, with some of the same dongs, sounds better.