Is music quality moving away from the "audiophile"

I recently read an interesting post on the production of the new Metallica album and how its sound has been catered to the Ipod generation. Formatting the sound of the album toward the ipod itself. With computer downloads, mp3's etc, etc. it seems that "compression" over quality is becoming the norm.

In the Metallica example, I have been a fan since 84. Now, i know they are not a good example for the so called "audiophile", but that being said the production on this album is terrible. Actually, worse than their previous album St. Anger. Who makes the call on this? The band, engineer, record company? A combination of all?