The Objective of Hi-Fi PLAYBACK at home is to accurately reproduce a recording. Not to sound like the real thing. Capturing the real thing as realistically as possible is the OBjective of Hi-Fi RECORDING. The two are separate. And while the two objectives are supposed to achieve a seamless transition from a live performance to a home playback, the real world often leaves the two on disparate plains. Firstly, the recording can be miles away already. Then comes the playback gears and the interaction with room accoustics. What the listening ear gets can be much farther away from the real sounds that went into the microphones.
But leave that aside and let me say that a solo recital, be it with a guitar, a violin, flute, piano, etc. properly recorded on their own, can sound realistic on the most exacting set of home playback gears in a well treated room. Except perhaps a Church pedal organ. If the recording was done on a airy stage, the theater ambience can betray the reality. The illusion of the piano played right in front of you may be too artifical to sound like it is right there. Otheriwse, if it was recorded with little reverb, like in a small room, up in your face, the illusion of realism sets in.
I once had a class where I could hear piano playing in another room. On some occasions, the piano was real. On others, it was a stereo being played for a humanities music appreaciation class. Frankly, I couldn't tell when the real stuff was being played.
But with a full orchestra in full might, it get's kinda easy to spot the difference, except perhaps in the most powerful set-up that can deliver the same decibels as what a conductor gets on the podium - 120db. But even then, somehow I get listening fatigue. Courtesy of those high order harmonic distortions inherent in playback amps. That makes the difference really. One doesn't get listening fatigue from a real orchestral performance at a hall. The conductor doesn't.