Coleman Hawkins did not listen to jazz at home - he believed that you had to hear it live. He spend his time at home listening to classical music (source: his biography by John Chilton). I've often wondered about that.
Perhaps he did not experience classical music in concert halls? In NYC, at the time, you could go out every night and listen to live jazz music performed by top musicians - he was regularly performing as well. If you did that, I can understand that you would have less interest in listening to the same music at home. When I went to that "listener" bar in Paris, I asked the bartender if he ever got sick of listening to music all day, and he told me no, but that he was no longer listening at home...
On the other hand, perhaps Coleman Hawkins was just more conscious of the limitations of home stereo when it came to music that he was intimately familiar with? If that's the case, would he have a different point of view if he were to listen to some of today's "high end" systems? I don't think so. For "non audiophiles", the gap between live music and home stereo - regardless of cost - is so wide, that they don't see it as "worth it". They are not deluded like we are. There's no valid answer to the OP's question. It's a personal choice to embark on high end audio, and people do it looking for different things. Some want to recreate a live performance, others want "immersion" which you don't necessarily get in a live performance. Some want to hear the subtle details, that you don't always hear in a live performance. Others don't care about the subtle details, etc...