In the 1970's, you could walk into a Tech Hifi in NYC and get a top performing system of the day for a reasonable premium.
Since then, high end audio has become more of a niche/boutique industry. Today, you might well pay a huge premium in a big city audio shop for a rig that may not even sound as good as what you might put together as a smart thrifty shopper on the internet for a small fraction of the cost. It could be a huge discrepancy if one uses component cost alone as their main indicator of performance. Or one might find a good value still if smart and working with a dealer that has a range of customers best interests in mind, not just those of the ultra wealthy Wall Street types. IT can be a slippery slope for the uninitiated though. Retail price is clear as day. Most other things that really matter tend to be more nebulous. The financial stakes can be quite huge!
Since then, high end audio has become more of a niche/boutique industry. Today, you might well pay a huge premium in a big city audio shop for a rig that may not even sound as good as what you might put together as a smart thrifty shopper on the internet for a small fraction of the cost. It could be a huge discrepancy if one uses component cost alone as their main indicator of performance. Or one might find a good value still if smart and working with a dealer that has a range of customers best interests in mind, not just those of the ultra wealthy Wall Street types. IT can be a slippery slope for the uninitiated though. Retail price is clear as day. Most other things that really matter tend to be more nebulous. The financial stakes can be quite huge!