You're right that speaker (and really audio in general) technology has advanced enormously in the past couple of decades.
I hadn't really looked into anything modern because I was under the impression that speakers were speakers, and amps were amps, and beyond that was into the realm of the loonies who only use hand spun elemental copper power cables woven on some mountaintop by a yak-keeper, and it would only sound correct if you used the proper crystal cable elevators, etc. And then you get into pure goofballism like the Ambient Field Conditioner (
https://www.lessloss.com/blackbody-p-200.html) and the successor Firewall (
https://www.lessloss.com/firewall-module-p-216.html) - which are, near as I can tell, 100% Grade A Bullplop. Or near enough that it's not worth paying any attention to (except to point and laugh).
Mostly, I don't know anyone in person who has a decent system and has cared to show it off. I see speakers in the store and fiddle with their examples, but in your typical big box store, it's hard to tell anything beyond, "Yup. Makes nose!" "Yup. Makes a lot of nose!" "Oooh, subwoofer rattle!" and such. I'd never had the opportunity to experience a track I was familiar with on something
good. For even very modest values of "good."
There are a lot of ways to keep this addiction hobby reasonably inexpensive. I highly recommend VortexBox as an almost free way to easily rip all of your CDs to FLAC.
What are the merits of VortexBox vs Plex? I'm using fre:ac to re-rip CDs to FLAC, Plex for the backing store (since I finally have a server with enough space to put everything in one place and enough guts to transcode the weird stuff, this is convenient), and Plexamp for playback (or the normal Plex interface, depending on the computer). Plexamp is a newer audio-only player from their Labs division and
it supports gapless playback! Which I didn't realize I'd missed until I had it again. An awful lot of stuff I listen to is album form, and I've just gotten used to inter-track gaps with Rhapsody/Napster/etc. Now that I actually have a system that can play stuff back gapless... it makes a difference.
AudioEngine, Emotiva, and others make really nice speakers with integrated amplifiers, so they can connect to an inexpensive DAC and either a streaming service or your FLAC library.
The HD6s I've got for the living room have the built in amp and DAC (I'm waiting for an optical audio cable to show up to run digital from my NUC through my TV to the speakers - it's analog out of the TV right now), and the A5+ speakers in my office (near field at ear height is
awesome) will have an AudioEngine D1 DAC bolted onto them tomorrow (assuming it shows up in the mail). That the HD6s have Bluetooth is insanely useful. My wife listens to a lot of stuff on her laptop (creating and sorting playlists by category), and hearing stuff through Thinkpad speakers was driving me up the wall. Now she can play stuff through a proper set of speakers.
I was able to get the A5+ and D1 used from eBay after a bit of patience, which paid off nicely in that I scored a flawless bamboo set for an awful lot less than new.
If you're a fat-FIRE or LBYM (rather than true mustachian) audiophile Audiogon can be a blessing or a curse. If you need something new all the time you can buy used and periodically swap out components for a very modest loss.
I plan to stick with this stuff for a long time. My previous living room speakers were my dad's speakers and I'd been using them since high school (they date from the 70s), and my computer speakers were really nice for the time, but are kind of an acoustic mess compared to the new stuff.
Oracle Delphi Mk. III with SME V tonearm and Sumiko Blue Point 2 (For a variety of reasons I could not think of ever having any other turntable but an Oracle Delphi!)
My wife wants to get our turntable back up. I need to clean up the TV install and stealth the wires first, but I'm thinking of building a nice shelf for the turntable at some point.
Audioengine A5+ with the sexy-as-hell bamboo finish. Just bought these and am extremely impressed!
Glad to hear someone with an awful lot more experience with systems than I have is impressed with them! I really have no basis for comparison, though the switch to good speakers plus FLAC means that terms like "soundstage" actually mean something now. I can localize the singers and instruments beyond "There are singers and instruments," which... yeah. New to me.
Also, I use Foobar 2000 to digitize (FLAC) and manage my thousands of CDs and digitized LPs.
I think Foobar 2000 is the BEST piece of software I have EVER used, and I would dump Windows and go to Linux Mint in two seconds if it were not for that and Adobe Lightroom (which is no longer supporting stand-alone, so F-them too!)
Ew, Windows. :p Is there any reason you couldn't use Linux to do your ripping and playback? Plex appeals to me partly because it works on everything (I have Windows, Mac, and Linux in the house).