The difference between a $1000 pair of speakers and a $10,000 pair of speakers will in most cases be staggering, but the difference between a $1,000 amp-preamp-cd player and a $10,000 amp-pre-cdp will often be quite subtle.
This is a partly true statement. At the entry level where speakers at or below $1000 are a possibility, the speakers are tremendously important. Speakers at this level are very limited and tend to have lots of colorations. But with higher end systems where the speakers are never going to be less than $3-4K, there are many very capable loudspeakers, all of which can do a very good job. Here the electronics become much more important. I would also disagree that the differences between a $1000 amp/preamp/cd and $10,000 ones are subtle.
but Linn touted this *particularly* at the time they were only selling source components in the audio market.
Actually, Ivor is still saying the very same thing, as he just did in the recent magazine interview/debate with David Wilson (Stereophile, I think).