Another problem with high end audio is that there is a lot of snake oil being sold. A further problem is that many of the "audiophile" reviewers who post glowing reviews of equipment have conflicts of interest that they don't reveal in their reviews. Underlying this is that it seems that many audiophiles don't know a whole lot about electronics; so they get swayed by subjective comments and "objective" technical comments that are sometimes wrong. The net effect is that (from what I've observed) people who have the cash for high end are constantly experimenting with new equipment. Let's face it, even if you "audition" equipment (which I have always found to be a rather pretentious term), the sound of audio equipment is like the sound of your favorite record: when you first hear it you might think that it is the greatest thing you ever heard, but over time you get used to it and the thrill of original ownership begins to decline. As a consequence, you get a lot of equipment turnover (especially among those who seek constant thrills) that shows up for sale on websites like Audiogon and Ebay.
The Audiogon gods tend to delete postings that are too critical of the audiophile game, so this posting may be gone before long... :-)
The Audiogon gods tend to delete postings that are too critical of the audiophile game, so this posting may be gone before long... :-)