What stereo equipment do respected musicians listen to?

Just a note, professional studio monitors and that ilk have a different set of design parameters entirely. Near field and hear all the details.

A novice audiophile is frequently seduced by details and slam at the expense of musicality.

More experienced audiophiles tend to become more engaged with all aspects of the recreated sound… rhythm and pace / musicality and proportion around the different characteristics of sound (detail / bass / slam). 

@ibmjunkman + 1

In 30 years of providing sample cassettes for many well-respected artists, the most common complaint was "There's something wrong with your recording. The entire concert is sharp/flat." The problem was, of course, their not very good cassette machine running either fast or slow.

Bob Weir McIntosh, Neil Young McIntosh and Tannoy…..just from what I know

Neil Young: I have a lot of McIntosh equipment that I use for listening. My studio is full of different stuff, Tannoy and an old pair of Altec [Lansing] speakers with Mac 275s running them. It’s the old Voice of the Theater speakers. They’re ridiculous [laughs]. Also some reel-to-reel gear.