How is Mid Fi defined?


I've noted on several threads that there are references to Mid Fi vs. Hi Fi, but I doubt there is much agreement on what qualifies a system as Mid Fi vs. Hi Fi.

To keep this fun, let's phrase it this way:

You might own a Mid Fi system if...
mceljo
Mid-Fi is anything anyone can buy at a Big Box store. Same product sold by a boutique store automatically becomes Hi- Fi. :-)
"Components primarily designed to meet the needs of audiophiles and music-lovers are worthy of the appellation "high-end," no matter what they cost. The much wider range of products whose genesis lies purely in the need of their manufacturer to fill a gap in their product line or attack a previously unoccupied niche in the market, or even just to flesh out their business plan, are "mid-fi" by definition. It's as simple as that. The next time you find someone equating the words "high" and "end" with "high-priced," or feeling that low-priced is automatically equivalent to "mid-fi," remind them that it ain't necessarily so."

Source: http://www.stereophile.com/asweseeit/1194awsi2/
Strange; although I agree with all of the previous descriptions, I will attempt to give one. Mid Fi is mass produced, and the top end of Mid Fi can sound very good. When you go beyond this point, the price escalates, for many reasons, and the sound becomes more refined. The law of "Diminishing returns" also kicks in. Since many people can not hear what is a much larger price differential than an audible one; they disavow the distinction.
The bottom line is, "What ever definition that floats your boat" is just fine