Tom,
We had this debate before. Some people feel that they do not need low bass frequencies at low levels to get audio nirvana. Their sound systems show other aspects, such as liveliness and presence, that with some types of music, surpass anything we can have in conventional audio. IMHO, there is no point in this hobby where we can say to others "get real".
I agree Micro, but then this argument moves comparing AN to such as the Eclipse speakers (the larger TD mk2 range IMO) and these compromise in some ways to bring an amazing sound that is missing from most conventional designs.
However, they do not charge such high prices like AN.
I appreciate part of the AN cost model is the use of rare parts (and how does one actually value these in terms of use in a product), but I still find it difficult personally to correlate their price/design to that of other engineered designs whether done like Eclipse or more conventional speakers and electronics.
Is the reference AN 4-box CD-DAC system really that much better than the 4-box dCS Vivaldi; one based upon rare parts and certain design element while the other (dCS) is the definition IMO of engineering high end.
As you can see I am rather dubious of the AN prices for their high-end reference products (to be fair their lower end is more price engaging for a consumer), but then the price is more than just engineering/sound quality and the way the reference AN is positioned as a "desirable" product.
Desirable to those that do buy into the AN narrative/position/sound.
Anyway and more in general to all.
As I said earlier does it really matter though if for consumers there are alternative truly competitively priced high end products available from others; after all every market segment has insane priced products whether it is watches,drinks,furniture, crud sorry mean modern art, etc.
Cheers
Orb