Hi Ted, hope all is well!
I think the concept of "high end" is very personal. My issue with today's high-end is there's often a very thin veneer of luxury used to denote a product as high end that is often questionable, as in there's little substance to back up the bling.
A couple of examples... Luxury cars simply don't have the build quality they used to, both mechanically and otherwise. Mercedes used to go through great lengths to make every component it uses truly high end both under the hood and in the interior. It made for a really big difference between how these cars were made and how they felt to drive vs a regular car. A mid 80's BMW 635CSi or early 90's Merc 500E was a TRUE high-end luxury car because they were so much better than a "regular" car in every way. Today's luxury cars are often built on the same chassis as basic cars and while they may have larger motors and different interior materials that hardly justifies any major cost increase, they are basically just gussied-up regular cars with a thin veneer of luxury, they aren't as reliable as they used to be, they aren't as different and obviously better than anything else. I just saw a Ferrari GTC4Lusso with a wavy front bumper that didn't color match the metal, just like Mazda and Ford, with a ridiculous amount of orange peel. It was horrible, the car's exterior fit and finish was basic and ordinary, almost what you'd expect from an economy car. To be fair, I also recently saw a McLaren with the nicest paint job I've ever seen... it was a $115k option though!
Designer clothing used to be made with the best materials and techniques available. You'd get artistic design along with the best fabrics and impeccable finishing. Now you get a logo tee for $200 that's worth $5, ugly sneakers made in China on a budget, and even much lower standards for formal wear. There are exceptions, but there's no denying overall quality is often no better than buying clothes at Target.
So it seems like a lot of folks don't care about quality and "high end" is simply a matter of design, branding and status. To me, without real substance they are "fake luxury", there's a thin veneer of luxury over an ordinary product... but to each their own. I feel like sometimes consumers are mislead, but this has always been the case, an educated consumer is the best consumer and less likely to be taken advantage of. For me, no way I'd spend the cash on a modern luxury car or ridiculous non-functional designer sneakers made popular by rappers, those are, to me, fake luxury. I feel the same about some audio products but that can get contentious, lol.
Luckily there are products for everyone. I think in audio you pay a lot for brands and industrial design that doesn't contribute to sound quality, but that's fine, it adds to the pride of ownership for many folks and looks good in the living room. Luxury goods are by definition a niche market and there are niches for all, so there's no need for the broad appeal of a commodity item, the mfg'er/seller only needs a small slice of the market to buy. Every luxury brand has a story to tell, and different people with different priorities will buy into that brand's story. In one of Ron's recent threads he mentions the "mad scientist" type, well there's actually a brand called "Mad Scientist Audio" if that sort of thing appeals to you, there you go. If you want the specs and "real engineering" hey, Iconoclast has a product for you! And on and on... so many are just a bunch of BS but that's just my perspective. The story is there to justify the luxury pricing, that's how it works. I stay clear off all that as much as possible, but it shows everyone has a different idea of what high end means.
Also, I have not read this thread yet so apologies if some of this has been mentioned, this is just my initial reaction.