i concur totally with retrocrownfan...
Most people had no experience and no idea about acoustic coupling of speakers with a specific room and the reverse...They then thougtht that price tags will spare them the need to experiment and learn basic acoustic....
My Mission Cyrus with a lesser high quality design were way better than my Tannoy dual gold ONLY because they were coupled to a dedicated room...Alas! when i learned basic acoustic i had already sold my Tannoy...I can only dream of them in a room tailor made for them...
No speakers beat their room...
Sorry, but not a useful parsing. There are speakers under $1500 a pair that would embarrass most golden ear audiophiles in blind A/B test. HiFi vs MidFi is only about price and perceived brand value. Companies make ROI decisions based on volume of sales vs unit mark up. IAG in China has been a brilliant vertically integrated force with the market-changing products they engineer and produce under the venerable British brands they purchased.