teo_audio makes it sound as if all old audio gear is S...T. It isn't despite using magnetic attracted, cheap parts, wiring, casework, etc. Some great sounding old equipment may not be the highest high end, but damn, they can be ultra musical. What I'm after is the music, not sounds/resolution. My video equipment uses Yamaha CR620 receivers for audio. I find that it lacks a lot of my high resolution audio systems but they are plenty musical for listening to my audio from my Sony 940d 75" tvs.
I've heard so many $100K to nearly $1 million audio systems that just sound like crap or I want to run away from (I'm talking in the 75 to 100 systems over the years). Maybe the equipment is good, but it was not put together correctly. Or, despite the superior quality of the parts, the design sucks.
I really have felt assaulted by more high end systems than old fashioned Marantz, McIntosh, Fisher, Sansui, Yamaha... based systems from the 1960s. When they power more modern speakers of today, they acquit themselves quite nicely. Sure, my Yamaha receivers are hooked up using high end, moderate cost cabling and have SR duplexes, fuses, Omega E-Mats to bring out the max performance. But they are still, not high end equipment that still sounds great for mid-fi.