@larsman Oh I realize the OP wasn't talking about bootleg recordings BUT for a period of time in the 70s through the 80s there were vinyl bootleg pressings of live shows that, for all appearances, looked like legitimate label pressings. I had several that I acquired at record swap meets I used to go to with my dad in the 80s. I do think live recordings can be very good and as I said, it's very dependent upon the band, their sound engineer, and the venue. But if someone makes the claim that live recordings are the best...it comes with several qualifications. As we all know, even studio recordings can be crappy sometimes!