You are buying better components in the sense of the dacs and what they do and how they are designed. For instance with the cyrus stuff you get a cheap off the shelf burr brown dac in the basic 6dac intergrated, but when you buy the dac xp signature higher end pre amp you get cyrus designed dacs and circuits. Also with cheaper stuff you get switching power supplies but a toroidal will cost more. Also more power supplies to breakdown elements of the circuit. So am talking about it in this sense. So there is an element of cost in this but I tend to agree with you about quality of components as electronic components are all mass produced and cheap and form a small part of the costs of the item. Not so with some unit cases more difficult and timely to manufacture and higher material metal costs. Hi Fi is all about design and meshing components together to get best returns in sq and you tend to do that better the more it’s designed with that purpose and that’s what you tend to get in a naim, musical fidelity, leema etc. So if you don’t use all the off the shelf stuff because it can be designed better with bespoke stuff, it’s this design and effort and testing which costs, not to mention premises, staff, insurance, vehicles etc. That’s why naim need to sell an amp at £5k because they are designing it with all these costs, and a small run on all these costs. Not just marketing, but if you look at the profitability of firms like naim it’s not a lot in th scheme of things when they then will no doubt have to pay investors and set aside future product investment money.
Id be dubious if using a PlayStation with hi Fi would be as good as a bespoke cd transport in the right system. I might give it a go with my ps3 which I’ve never done, and report back. Is there an online article re this.