Latest Absolute Sound

Yes, DO still reviews for TAS

Globally-speaking, the world is filled w/ both billionaires & millionaires.
I would like to think that those guys are buying this gear!

"Though i’ve found with few exceptions the companies with the most integrity don’t take out full page ads in glossy audio mags."

Maybe, I haven't counted but have you seen their glossy brochures that are available at audio shows?

I have no problem with the prices of some of this esoteric gear, it is of no relevance to me and often does not corrolate to better, at least some of what I've heard but for sure bigger and shinier finishes, "ain't that grand" as my Great Auntie Mame often said...and so some of it is. High performance audio has become something else again from what it was when I first came into the fold.  So long as I continue to not be taken in by the physical size and beauty, I see no reason for an audio amplifier to sell for some of the asking prices whether one can or can't afford it. But again that really is naive too. If an individual can simply write a check for whatever whenever, it really doesn't matter what those that can't think, does it? 

As far as reviewers are concerned, pure entertainment nothing more or less with a FEW exceptions. That is the ones that can describe what they hear and can articulate comparative differences to like components and ACTUALLY know the difference between an alto and tenor sax, (love your Joni Mitchell example Wolf!). The Absolute Sound and Stereophile IMHO are worth every penny they charge.  I'm not so much interested in the reviews as I was in the olden/golden days of the 80's and 90's when I hung onto every word of JGH, Dick Olsher, AHC and Sam Tellig (after all, he was reviewing stuff I could actually afford in those days) there is still plenty of value in both  in the music selections and   articles about industry people and new products, the gems that most of us can actually afford. I always jump to Bob Hartley's reviews with  zeal, anticipation  and great amusement to see if he can somehow outdo his previous hyperbole of those "grand" products he reviews. I love it!

Wolf I'm hearing you man!

Oregonpapa,

what I said was there is a dealer in my area that will give you 20 percent off the top without asking. I would imagine if a person was serious they could finagle another 5 to 10 percent off that. He doesn't carry Vitus or boutique brands like that. He does carry high-end audio that a working man can buy. He used to carry boutique brands but he could not give them away. The market for this extremely priced gear is very limited. And the demographic he deals in is a lot of 1 percenters. People think because someone is rich they are going to buy these over the top boutique brands. The reality is most people have money because they are a value shopper. Sure they want great stuff but they still want to enjoy looking at their 6 figure checking accounts. I have never been to a rich person's house and seen extremely expensive equipment. Sure they might have a 6 figure home theater setup but that is for the family entertainment. When I have seen super expensive gear it has been in apartments or small homes where the occupants are usually single and have the discretionary income to buy what they want. 

^^^ Taters ...

I've found that most dealers will give a substantial discount in order to get the cash flow moving. So many of the high-end products have a markup of 40 to 50% ... so a dealer that still has old stock when a new model is coming out, or a dealer who needs to make the rent/payroll/light bill at the end of the month would look favorably toward an offer that still makes him/her a profit. Especially for a good repeat customer.

Also, I agree with you about high end audio equipment in multi-million dollar homes. My business has taken me into a lot of those homes over the years. As you said, other than dedicated theater rooms, you just don't see what we're interested in here. Conversely, about six months ago, I was in a moderately priced home that a middle class family was selling ... and lo and behold ... a pair of Martin Logans driven by Krell amps. No turntable .. all digital. 

Just another comment on the high-end homes ... its not unusual to see a nice sized flat screen TV in every bedroom with DVR's and gaming equipment at the ready. Also common in these homes are full-house sound systems pumping  background music through wall speakers. 

Final observation: Over the past 38 years because of my business I have been inside of thousands and thousands of homes. Over this time it has been amazing to me that the large percentage of homes that I go into have no books and no music. None. Go figure. 

Take care ...