02-15-12: Rok2id
Of course on a macro level, everything is probably better than components were decades ago.
The re-sale prices of many pieces of vintage gear would seem to contradict that statement.
Frogman, that is a good description, but one must always remember to weigh time in with that equation. Many times I have felt that something sounded "better" according to your definitions, only to realize 6 months or a year later that it was simply different (better in some areas, weaker in other areas) and not really better overall. You have to account for the "new component euphoria" phenomena. Too many times folks listen for 2 hours and expound on the virtues of a new toy. We all find a piece of gears "faults" over time.