Very good obervation and common sense post...
Thanks very much...
Keep in mind, the term "Mid-Fi" was invented by gear salesmen to yep, up sale customers on more expensive gear. There is no "Mid-Fi".
It’s all "Fi", some is better than others, some worse. It’s up to you and your own personal preferences to decide what trips your trigger but note others might think you are crazy if you sit around listening to a strident sounding BRIGHT speaker and go on and on about hearing the singer take breathes between each phrase or that you can hear that someone in the studio farted.
Is FM radio with its limited dynamic range and frequency response only 50Hz to maybe 15Khz "Hi-Fi"? Some would say yes, others no. See, it is arbitrary.
If you have a great sounding balanced system with great imaging yet it can’t reproduce 95dB of dynamic range is it still "Hi-Fi"?
This is a hobby, not an exclusive golf club. People at all price points can participate in enjoying the music. People acting like snobs is one reason this hobby is dying, particularly salesmen who won’t demo gear to newbies if they don’t come in driving a $100K car.