@audioman58 , yes I think everyone would agree that mastering matters.
It's virtually impossible to make poorly mastered records sound good - no matter what the size of your endless audio money pit may be.
We also happen to be fortunate to be living in a time when the gap between budget and high-end amplification and digital sources/converters/cables is almost indistinguishable too.
What are we left with then?
Loudspeakers and vinyl playback.
No one would argue that budget and high-end speakers and decks can be confused in any listening tests.
Even today's constantly improved entry level Rega/Pro-Ject decks (or any sub $500 loudspeaker you can think of for that matter) still leave considerable room for future upgrading.
This hobby is far from dead, and we haven't even begun talking about Tube amps.
https://youtu.be/vCk12xzivp8