"the number of speaker manufacturer’s who have a speaker in their line up that cost close to a $1M!! There are good number of speakers now available with prices in the $700K+ range. "
If I counted correctly there were 3 speakers in the $700-900K range,, none above $900K . Not seeing a plethora of them as suggested. In the $150K-500K range there were 54; not sure that this is new news. Total speakers in the listing 769.
Those who can afford the higher end ones and the associated equipment/rooms I suspect thoroughly enjoy their listening experiences. Good for them! Those that can’t or don’t want to spend to the same level should just focus on maximizing the listening experiences that their equipment and room will provide; and just sitting back and enjoying the music . Seems like that would be time better spent than worrying about why some manufacturers are building and pricing certain equipment that one is never going to purchase