What is the most important component to consider while building a new system?


I recently viewed a You Tube video featuring Paul McGowan from PS Audio discussing the most important component when building a new system. I love Paul's video's and feel they bring a personalized touch to the discussions of all things audio. In the video mentioned Paul took a generalized approach in stating the speakers were the most important component to consider and that the relevant importance of each successive component rested in the chain down stream of the speakers. I am writing this to humbly disagree. I am in the mist of building a new system from scratch over the past 9 months. It has been my experience that if proper care is taken to the quality of the amp. pre-amp. and cables (with an emphasis on cables) you can get away with relatively inexpensive speakers that sound better than they have a right to. This is my own opinion based on recent experiences.
scottya118
Like Paul I make some portion of my money selling electronics or at least designing them I totally agree the answer is speakers. No I would say to more important things are the room in the recording/mastering but those are not part of your “system”
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Wallet is the most important component. You can't build anything without it.
Would you guys stop arguing about "Tekton Moabs"....I'm in marketing and simply put: If you don't respect Eric for his efforts building speakers and a company on top of that....and the creme is everyone knows them...a Marketing Coup.....the guy is a genius in many ways