I guess my view is that we are in the midst of a transition -- a healthy but ultimately very destructive transition. Overall the demand for and supply of new gear is healthy, especially at the very high end ($10K and up up up). Just a quick look at the new launches (turntables from Boulder, a new high price for a table, new reel to reel players etc.) in the past month as evidence.
At the same time your high street dealer and the low/mid end is vanishing, blown away by internet selling. High end dealers that operate nationally/internationally seem to be holding on with even some new ones opening (case in point Audio Salon in Santa Monica)
So in some ways audio is becoming like furniture -- there's a mass cheap market and often of excellent quality and a bewildering and extensive top end. But precious little in the middle. Maybe we need a hi-fi version of Restoration Hardware -- perhaps what Fine Sounds are trying to do with their World of McIntosh stores? The downside of this -- have you ever seen the resale value of furniture? You're lucky if you can get 20cents on the dollar, also the lead times for high end furniture often run to six months or more -- this is something we are seeing with many of the boutique manufacturers as well
So looking ahead I think this is a great time to be spending time on AudioGon -- there will be lots of very attractive high end stuff available at knock down prices, and lots of high end technology trickling down the lines. Things look less good if you are a) a mass market dealer trying to make a living or b) someone who cannot afford to take a depreciation loss on buying new
At the same time your high street dealer and the low/mid end is vanishing, blown away by internet selling. High end dealers that operate nationally/internationally seem to be holding on with even some new ones opening (case in point Audio Salon in Santa Monica)
So in some ways audio is becoming like furniture -- there's a mass cheap market and often of excellent quality and a bewildering and extensive top end. But precious little in the middle. Maybe we need a hi-fi version of Restoration Hardware -- perhaps what Fine Sounds are trying to do with their World of McIntosh stores? The downside of this -- have you ever seen the resale value of furniture? You're lucky if you can get 20cents on the dollar, also the lead times for high end furniture often run to six months or more -- this is something we are seeing with many of the boutique manufacturers as well
So looking ahead I think this is a great time to be spending time on AudioGon -- there will be lots of very attractive high end stuff available at knock down prices, and lots of high end technology trickling down the lines. Things look less good if you are a) a mass market dealer trying to make a living or b) someone who cannot afford to take a depreciation loss on buying new