Is there anything better than live recordings?

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. 

  I personally think that most live recordings are sub par. However occasionally I find a good one, and I very much enjoy them. I went through a phase back when Blu-ray first came out and had a large concert collection. I had a surround system   ( 5.2 ) that was comprised of retro 2 channel gear. Concerts like Queen, Allison Krause, ELO, Roxy Music,  ect we’re very enjoyable. But the ratio of poor to good  was about 5:1.  Happy Listening, Mike B.