Is there anything better than live recordings?

All thing being equal in terms of quality of the recording.

Disagree 100%. A lot of great music is created and built in the studio, and was never intended to be performed live but rather heard on recordings. 

Disagree 100%? That's a lot.

Always very happy to find a live recording where the dynamics is kept.

Drives me nuts when certain artists have all lousy recording quality on even studio recordings.

With the recording quality being equal a live recording is usually more enjoyable. Live recordings let the musicians shine with technical skills not always on a studio recording.