That’s not because hifi is some “elusive” thing, it’s mainly because people buy used or ex-demo stuff because it’s cheaper than rrp that really isn’t suitable for their purpose - speakers that just don’t work in their rooms, amplifiers that arent suitable for the speakers they have, below par source components, equipment that just doesn’t work well together, and equipment they the just don’t like the sound of - all because of a lack of auditioning to make sure their purchase is right for them.
David, of course this is right. But the good stuff, from reputable dealers, is just out of reach. Who is this stuff really for? Who exactly can afford to walk into a quality hifi shop and "do it right?" Even a relatively modest system, if bought brand-new and all-at-once, easily runs into the thousands. Midrange systems can cost as much as a nice used car, and high-end speakers alone can creep into new Ford Focus territory, and worse.
And watch out if you decide to buy a component new. I bought a new Naim amp once, was thrilled about it, and the dealer was almost reluctant to sell it to me. He said that if I didn't buy Naim speaker cables I might void my warranty. And it "really wasn't designed" to be connected to a DAC (this was 2002, and I had a just-released Benchmark DAC1 - he did NOT approve). Eventually I talked him into accepting my 1200 quid or whatever it was, and I had a good amp for many years.
I was 28 and buying one component at a time. By 29 I had amassed an iMac, a really good amp, a fairly crappy, but serviceable, pair of Mission speakers, and an insanely good DAC. Four years and a promotion later, I had a pair of ProAc D18s and I suddenly had a pretty damn serious hifi.
Had I gone to Mr. Naim up his A---, my budget would have been what I paid for the DAC+Nait 5+Missions - something under 3 grand. So forget Naim gear. Probably looking at Rega or entry-level Arcam, with a big chunk sunk into a soon-to-be-redundant like-brand CD player sold at a 600% markup, and when I found those (new) D18s, I would have had nothing capable of driving them, and still wouldn't have a DAC! My system would sound well-integrated, but all my upgrades would be to keep it current, with the sound staying...entry level. But well-integrated.
The business model of smallish companies building low-volume, high materials-cost boxes sold in showrooms may will be a good way for a customer to leave with a good system. But in the modern world, in which we have beautiful supercomputers in our pockets that have made practically every tool in the house obsolete, it is just TOO EXPENSIVE. We used to read about the coming technological miracles, and we have it in our pocket, and it's under a grand. It's gotten cheaper and cheaper.
Meanwhile, all that beautiful hifi kit in the magazines? STILL costs a fortune, and you still can't have it unless you are one of the one percent. And you never will! No normal person ever will. May as well read about yachts. You start getting into Ayre, Sonus Faber, Wilson, Krell, high end Linn or Naim - whatever - and you are looking at a price tag that is an irresponsible purchase even for a rich guy!
Walk into most hifi shops to buy a complete system, and leave with a bunch of low-end consumer garbage that's got more hot air in it than actual technology. Unless you are rich.
Some of us want more and most of us aren't rich. Sure, this leads a lot of people to make bad combinations and buy inappropriate kit. But this is why they do it.