to mceljo: we actually do just that - or at least trying to - with loudspeaker frequency response curves, for example. They do actually give one a pretty good idea what the speakers may sound like (in an an-echoic chamber at least) by just looking at the graphs, including spacial resolution along the x- and y-axes. The shapes of square waves do a similar indicating job for amplifiers, jitter plots for DACs, etc. However - and I think that's what you are referring to - they are only approximations, neglecting what might be the most important part in sound-prediction: psychoacoustics (and of course the acoustic idiosyncrasies of one's listening room). I am not sure if we will be able to ever address psychoacoustics through electronic measurements of the gear, albeit many scientists are trying to do just that. Objectivity might rely on the generation of huge like/dislike data sets and analyzing them for congruences. But even that sort of analysis wound never address YOUr subjective preferences. Or, alternatively, an audiophile could undergo a set of standard evaluations, physical and psychological, to determine what aspect in a reproduced sound makes him/her tick, e.g. measuring brain activities during an MRI scan specifically pinpointing pleasure centers while using specific classes of sound reproducing techniques/gear (e.g. analog vs. digital), tube vs. transistors, chip-based vs, ladder-DAC, etc.). Coming out from such an evaluation - if done correctly- should help you with choosing the type of equipment that would trigger most successfully your pleasure centers, potentially influencing your buying choices in a dramatic way; and - after all - it's pleasure we are after in our listening rooms, no?