Where does "MidFi" differ from "HiFi" or "LOFI"?

@kota1 Right, for me, for all my audiophile friends that system is inadequate. We listen to LPs and CDs, so no way can an analog system of low-fi cost achieve great sound with the SVS system included in the $1K. Used CD players like a Kyocera 310 or 410 can be purchased and upgraded caps and belts for a reasonable price. That’s pushing it to get it to a $1K system. Streaming will just not get me going with the SVS system generally (many observers find that only 15% of streamed music sounds as equally as good as well mastered CD or LPs). Sure, I have Audioengine computer speakers and they sound very good but are not fulfilling especially on rock and symphonic music. Plus, they need a computer.

@fleschler , take $1000 budget (low-fi) and try and replicate an active system like that, going old school, one component at a time. Inadequate at MSRP, yes.

You take an active system like SVS, Paradigm PW, etc. and you catapult right into "adequate" (office, bedroom, second system) mid-fi performance. 

You are an expert with high audio IQ and a custom built room, that is inadequate for you, yes. But to buy one component, meticulously engineered, plug and play, lowfi price, solid mid-fi performance = adequate for most people IMO.

Adequate for most people include some of my professional vocalists friends (older) who are old school and own a Marantz or Yamaha receiver from the 1970s, Advent/Warefdale/JBL speakers, ordinary (cheap) cabling, a Harmon Kardon or Technics turntable and 1980s or 1990s common name brand CD player.  Sounds good, not audiophile, but satisfying to them.  That group can be purchased just over $1K.  

the paradigm pw600 are on sale $600 a pair,sound like much,much more than a $2000 system

@secretguy  +1

and as Andrew Robinson loves to say, and it's again worth heeding him: 

"The only person who has to like the sound of your system is you."