I don't willingly buy music that is poorly recorded unless I have no choice or somehow get fooled.
I find something to argue with about the general state of recording. While the wide use of MP3s and other compressed files have made their nasty mark, and certain genres uh....revel.....in unnatural sounds from the outset, there are still plenty of well recorded 'tunes' but you don 't find them in top 40 charts as a rule. There are exceptions to everything, but musicians who are serious about their work and understand the relationship between sound and music abound.
Compression and limiting have been a fact of life since the wire recorder if not before. With electric guitars and especially electric bass, extreme compression is viewed as a creative effect, but in recording it should be remembered that it is a tool to be used sparingly. There is no other way to squeeze a "ten pound sound" into a five pound sack, and every single vinyl record and CD for that matter is compressed (and/or equalized) to fit sound into vinyl's (and digital recordings') limited dynamic envelope, which is why we need, for example, RIAA curves (eq in this case) built into every cutting head and phono preamp. The problem isn't compression per se but the loudness wars that have moved (mostly) pop (place suitable genre here_________) music into the realm of the often sonically unlistenable. The dynamics are squashed beyond what is required to tailor the music to the medium.
Loreena McKennett, Alison Krauss, Jerry Douglas, Sarah Jaroze, better classical recordings, a good deal of the Celtic and bluegrass stuff I listen to, Mark Knoppfler, really a long list of musicians who have taken the recording process into their own hands can be found. On the other hand, there are some great players who have no interest in the process and their material shows it. The trick as always is balance in the process starting with laying down tracks, through the mix down and onto mastering. Everybody has to be tight and on the same page or you get less than you hoped for. But compression and limiting are a necessary fact of life.
I treat my music like I do my audio gear, with care and an understanding that musicians (and recordists), especially those who play acoustic as well a amplified instruments, are into sound for it's own sake. Be selective and you can get some lovely stuff. I have shelves full and there is nothing superior about older recordings solely due to their age.
There's a lot of crap out there but there always was. Compression and limiting is a fact of life that can't be done away as it's part and parcel of recording and reproducing music via any and all the media we have. You have to avoid the mines in the field.
I'm sorry to say that a lot of buying public is not educated, doesn't value training and discipline and will tell you they like something because it's raw. What they are actually saying is they don't play, they don't know about making music and care less about reproducing it. But there's great sounding stuff out there.
Getting great live (amplified) sound in a big venue is the hardest task in audio. Sound reinforcement is its own discipline and you always start at a disadvantage for reasons too long to go into here. That said, I've heard some fabulous sound live although never in an arena. You need a more intimate venue, couple of thousand people maximum, 200 to maybe 800 is better, the venue has to be superb and the musicians need to be as practiced as the Blue Angels. When it all comes together, it's magic, but it's also rare. When it does happen, the bass is as good as it gets with amplifiers because you can never move air like a big modern PA that is properly operated in a good hall. Most people rarely experience that.