Jaybo:
Some excellent comments about speakers (I own one of the offending kind at present).
The following I also agree with heartily:
"your stereo should accurately capture the performance and the recording itself. most recordings are meant to sound 'like recordings'. does anyone really think bernstein or the beatles and thousands of relavent recording artists were/are even concerned about 'air' and 'warmth' and all the other bs terms that equipment mongers use. a good stereo system makes you want to own the world's largest music collection."
But dismissing pace and timing?! You loose me entirely. The redundant (but now widely used) acronym "PRAT" may have originally been coined in someone's marketing department, but the phenomenon it attempts to describe is not only tangible, it is at the backbone of ALL good music production AND reproduction. In music production, timing is largely what differentiates great musicians from the lesser (just ask yourself what makes for great blues guitar, and youll see what I mean). In a hi-fi, good timing is essential to, as you put it, "accurately capture the performance and the recording itself." This is an area expensive, audiophile systems fall short frequently, especially, but not exclusively, tube based ones. No, this is much more than "intangible marketing 101." Given your otherwise sensible comments, I find your position on this quite puzzling.