How is Mid Fi defined?

Hi fi: what I can't afford.

Mid fi: what I might be able to afford.

Lo fi: what I can afford, but don't necessarily want to listen to.

@Tvad: Amen.
@Mceljo: Has "hifi" been defined?

I don't think that Hi Fi, Mid Fi or Low Fi can be defined in a way that very many would agree, but since I've seen it referenced several times I figured I'd ask what it means to different people. I hadn't really considered that my speakers were anything but Hi Fi, but after seeing what level of gear is available they just might fit the bill.

I guess I might consider my Focal Chorus series speakers Mid Fi because they are technically a "budget" line of speakers.

Also, it might be reasonable to consider Mid Fi to be having a home theater receiver rather than a dedicated two channel amplifier.

if i use duct tape on my remotes can i still be hifi? only have spent about 50ooo dollars on this stuff? so i can enjoy the white album? all these labels are confusing me. i don,t know who i am anymore. i.m gonna upgrade. ha