Realistic sounding imaging and soundstage, yes all the time, No problem.
Any example of pinpoint imaging that occurs either in real life or in any studio recording will suffice. My take is the term is merely hyperbole. Now what vendor in his right mind would ever resort to that?
Closest perhaps is my setup in the basement with a good quality mono recording. Not pinpoint but highly focused and detailed with ambience, like if live. Also it moves to the left as you move to the right and vice versa as it might if the performers were standing there live as you move around. Can anyone guess what the speakers I use to manage this are? Most will not have a prayer reproducing this trick no mattter the cost though there are some that can, perhaps even better.