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
Notec, Tvad...

My Sonos player doesn't have a power switch either! That means Sonos is hi-fi too!

But I bought it from a big-box store. :-o
AH! I'm so confused! LoL!

Better start re-writing the book on what classifies mid/hi-fi or better yet, axe them from the English language and I might sleep better tonight. ;-)
As with most things in life, let money be the defining guide. Value in US dollars, and in the future, price will be given in ounces of gold given the inevitable devaluation of our beloved US dollars... :-)

Uber-fi - > US$200,000
Hi-fi - bet US$100,000 and US$200,000
Mid-fi - bet US$50,000 and US$100,000
Junk-fi - bet US$25,000 and US$50,000
Total garbage - < US$25,000

Oh, oh, my...., now i see what I have been listening to all along.... :-o
Does your system have bass and treble 'tone' controls'?

Sorry, but it's mid fi.