I agree with Paul McGowen who says music should be played appropriately loud.
There's a restriction of resolution when the volume knob is too low. Low volume acts like stepping on the brake pedal.
It's reasonable to play acoustic music at a natural volume level in order to sound 'real'. Isn't that what we're trying to achieve? Think how loud a single live violin player would sound standing in your living room or any live instrument. Trumpet? Clarinet? Piano? An acoustic trio would be WAY too loud? In a condo the neighbors would complain.
A good system can/should play louder levels without fatigue and enhances the 'live' experience at appropriate levels for the genre being played. I'm not paying for an expensive system that can play music well at lower levels. Not an attribute for a live experience.
However, whatever works for you is good.