So much goes into the design of an amplifier. Transformers, power supply section, parts selection, etc. Audio Note, V-Caps, point-to-point wiring, copper chassis, etc. Then there is the implementation to reduce the noise level. In typically lower priced amplifiers, there are limitations based mainly on those factors. Mid-range may sound fantastic but the overall bass and high end extension are limited. Most people don't here the limitations until they have a direct comparison from something that is not limited in sound reproduction. Just spend a day at a local dealer and we were discussing this within the various brands of manufacturers he offers. Even between the lineup of some manufacturers you can hear the transformers influencing the sound and not always the more expensive unit was better.
Good into here though.