As already suggested, there's much 'horses for courses' re recording techniques. For example, would The Clash's first album - knocked out during brief sessions over two weekends - have the same impact if it had the production values of DSOTM?
Conversely, Bryan Ferry, according to his session bassist, Guy Pratt, has never actually 'finished' an album in terms of mixing/mastering, it's always a case of the record co saying: "Enough, Bryan! We need to actually release it now..."
However, I would argue vociferously that a standard should be applied to recordings' volume levels. The most breathtaking recordings I've ever heard are Early Music guru Jordi Savall's - deeeep bass; sweet, detailed & pure treble; extraordinary separation & soundstage.
I'm not qualified to speculate as to the techniques that make Savall's recordings sound so jaw-droppingly awesome, but I have noticed that when listening to his stuff my amp is turned 10 clicks higher, even when compared to Turn Me Up!T-type recordings. Significant?