Hi Mapman,
Maybe I imagined the use of the word "better". That will teach me to read and listen at the same time!
There is a performance level in Hifi that is very confusing. I have been through it and hope never to fall back into its clutches.
It is the point where the equipment itself fools you into thinking thats what the source sounds like. It is easy to be fooled too. It robs you a little in every area. Lets say dynamics slightly muted with bass puffed up and a slightly rolled off treble. Suddenly a mix takes on a very different character. Timing is effected, soundstaging altered and so on.
I have heard master mixes played in the studio they they were recorded and then played back on various reasonable HiFi systems. I was shocked at how different the same music sounded.
I dont mean that every new box is better than any old one regardless. I would say good manufacturers like Bel canto, Audio research or Krell etc would make it easy to hear. If you put their old stuff next to their new counter part, you would not go back.
In fact to push the idea a little too far, take the ipod and the sony walkman...! Anyone remember tape hiss?