this somewhat depends on the era of the recording. and the musical genre.
prior to the mid 60's most studio recording processes were more simple, and it's more likely that performers are where the recording places them, and that minimal or no manipulation is done. going forward from then, most jazz or small combo classical continues to be recorded more simply, with minimal manipulation. but studio pop is almost always assembled from multi track recording processes.....so any result is possible. or it's recorded in someone's basement from pieces recorded at different times.
hifi systems also have a contribution to the degree of imaging and the perception of the sound coming directly from the speakers. non musical distortion locates the sound directly from the driver, as opposed to the music which is located in the soundfield.