Ajani said:No. Accurately reproducing what is on the recording is not the same as accurately reproducing the live event. The two CAN produce the same results ONLY if the recording correctly captures the live event.
A simple example is:
Accurate reproduction of the recording means that if the recording is bright, then the sound coming from the HiFi system should be equally bright.
Accurate reproduction of the live even means that if the recording is brighter than the live event, then the HiFi will have to be warmer to compensate for the failure in the recording.
So what do you do if the recording isn't bright? - change your "warm" hifi? Why not just have a neutral, accurate amplifier with tone controls?