I don’t think the average audiophile realizes that these multi-thousand dollar products are based on low-cost, low-powered hardware and freely available open source projects.
You seem to think you possess some special knowledge. I think the typical audiophile buying a multi-kilobuck streamer knows very well what's he's buying. Most likely, he also listened to it before purchase, and it's also common to buy with a return guarantee.
The fact of the matter is that a great sounding streamer can be made from something as simple as a Raspberry Pi 4 ...
That is very true. When I first started streaming and wanted to graduate from using a phone (hey - we all start somewhere!), my first stop was a Raspberry Pi with a HAT to a digital out. It worked like a charm into my Bryston BDA-3 and I can certainly understand why some audiophiles might stop right there, just as some users might have stopped at using their phones to stream. Many people are satisfied with that level of performance.