You misunderstand the issue. It's not you whose status is called into question. Everyone who has a system is an Audiophile.
The real issue is, anyone who spent less than you is mid-fi, at best, and anyone who spent even $1 more is a tone deaf idiot with nothing but money to burn, who cares nothing about the quality of the sound, but wants to be recognized as being 'the in crowd!'
Dr R.C. Brockhaus