Can headphones ever be as good as high end stereo?


I am absolutely satisfied with the sounds of my current setup but I feel like I'm unable to listen at the volumes I prefer on a regular basis due to the ole spouse. I've been considering switching over to headphones. By selling my current speakers and amps I could easily finance stax 009 phones and a suitable amp, which seem to be regarded as the pinnacle of headphones.

My question is, what would I be losing or gaining in the switch? Right now my setup emits a beautiful wall of sound and I would hate to give that up. Understand that I have never owned a pair of headphones worth more than 80 bucks so I have no idea what good ones sounds like. Almost all source material would come from a pyon ultima table. Thanks
bfin3
My solution to the wife volume problem was to buy a ranch-style house. She goes to the bedroom at one end of the house, my listening room is all the way at the other end.

Sometimes the best way to keep it together is to keep yourselves apart!
My first pair of good headphones were Sennheiser HD424s back in the early 1980's. My most recent pair is the larger Sennheiser Momentum. I've listened to them all over the years. The Sennheiser line always place consistently strongly, at most any price point. Audio Technica as well. I have always wanted to like AKGs, and they can be very good, but I have had many poor auditions of those over the years. My sampling of STAX phones is much smaller, but that is the other long time gold standard line I know of, though marketing of these to US has changed considerably over the years. Hard to find in the US to audition these days.

I've listened to a lot of phones in last few years and have heard most of the leading contenders. Lots of useful headphone reviews availble to sort through. You'll find many well liked ones and little agreement on what is best. There are some nice newer lines out there as well, but I have not heard anything there that clearly knocks out the long term leaders. Just more good stuff to sort through and choose from.

I am NOT a Beats fan. Stay away from trendy new lines for the most part, but some are still quite nice.
A rancher is a good solution.

I had my downstairs office insulated when our curent home was built so I can go in there and play as loud as I want anytime in our 3 story modern Victorian style home, but I have given thooght about what to do when the time comes to downsize. A nice rancher just might be the ticket for this and other reasons in retirement.
This component is designed to be used with headphones. When properly calibrated the soundstage will be in front of you as if you were listening to music through speakers. I had the experience of hearing it myself a few years ago and came away quite impressed. At the time I believe the cost was about $3500. They also sell the component in combination with Stax kits. If you are willing to pay $4500 for a set of headphones plus an appropriate amp to drive them which could run you at least a couple thousand more, then this may be an interesting alternative:

http://www.smyth-research.com/products.html
Schubert nailed it. You either like headphones or you don't. I don't. I bought a pair of Grado GS1000s, which give me a better sense of space than other that may have better "audiophile" sound. But remember, if you get good phones, you need a good amp and then you're into some $$$.