I am leaning towards saying that the Electronic side of the hobby, AVR, AVPs and Amps are pushing people into (largely) two tiers: bad equipment that doesn't cost too much, and not-so-great equipment that costs way too much. For those that can afford $10K+ in electronics with impunity, that's great... but not realistic for the masses. Even when the Lady and I were DINK, each earning high 5-figures, expenditures like that were unrealistic!
Cost an Complexity are the double edged blade that hurts this hobby. IMO, the simple solutions (fitting into the first category I mentioned above) are cr@ppy solutions like HTIBs with Kleenex box-sized Mains and poorly designed Subs, or non-linear Speakers that look really cool with Copper Cones, and sound exciting but don't necessarily stand up to scrutiny. Hell, somebody just started a thread asking about that brand and whether he needed to get the XO Modification marketed by a certain Texas Speaker Designer to make those speakers work right... and this guy is in Peru!
So even though good quality Speakers are available at reasonable prices, there is still a huge amount of detritus one needs to sort through to find the good stuff. Yes, a major sin is marketing there, adding to the complexity of learning simple basics about what to buy, and why one might want to choose Brand A over Brand K.
All of this only gets compounded now due to the Pandemic. We've seen half-baked technology rushed to market to Support the latest Game Consoles, resulting in reputable brands having their images dinged up. We've seen same companies not be able to get same product to market consistently. Add in the loss of the AKM factory...
Bah!
No, I don't think all of the gear is too inexpensive, but the wrong things are getting cheaper than the balance point between them and the stuff that is too expensive. Overall, the whole market segment for AV enthusiasts is backwards and upside down and overall focus is seemingly on the wrong things.
It also doesn't help when in two recent articles now, the author/writer is touting their mansions and luxury AV systems.
I'm not trying to be anti-success or anything, but the perpetuation that this has to be an expensive pursuit only hampers the likelihood of getting good results in more budget-aware components. Justifying those $6K Amps and $13K AVPs and Speakers with Diamonds is a foolish way of attempting to keep this pursuit something that can welcome people of any income bracket into the fold, especially when you look at yet other recent topics such as whether HiFi is dying.
*stepsoffsoapbox