None of my friends who are well healed that are not audiophiles would consider buying a complete stereo for $2,200 let alone $6-12k for the better models. They’d rather go to Hawaii or Italy or buy a painting. I only have one audio friend that has spent close to $100k on his system, and I haven’t seen him in 10 years.
People are either sound freaks or they are not. Yes some rich people buy audiophile grade equipment to accessorize their home, wish I was them.
I'm sure there are a lot of us who have our equipment rather than a boat, horse or some other expensive hobby. That's me, no other expensive hobby to blow money on, just audio equipment.
Bose only charges a lot for junk, they are a unique demographic that sells embodiments of Ralph Lauren Polo shirts, with speakers. I know someone that worked for Bose, there is a reason they don't like to demo their products next to others.
Since I had the MGI and MGII's in the way back I had Maggie's that the company gave a damn about public perception, Hardwood and plywood frames, and at the time they were using almost the best electronic components you could readily buy. But technology has come a long way since then. Material science has become a separate science. I know, I have a Holman PreAmp that I'm rebuilding with current quality components* and since the design is solid, the specs that I'm getting so far are impressive. But it will never have a remote, so it's mostly a mental exercise that I'll get some use out of. *(Not Vishay $54 a pop resistors.)
So I'm going to take the bottom of the socks off of one of my Maggie's tomorrow, write down the specs and diagram the x-over as well as test the load of the wires and order better parts, resistors to chassis wire, and I’ll even build a box off frame for the new parts if I have to do that.
I'll record the before and after with some wonderful quality recordings in my listening space with a high quality mic and AD converter that I have and we shall see if the effort is worthwhile or not, and if not would it still be worth spending more to have the company do it, or is it simply a fools game in total.
I like to put my money where my mouth is.