Agree that there is more value in AV equipment today, especially with displays. I can remember buying my first "big-screen" TV circa 2006, a 43" Hitachi RPTV from Circuit City, for $1500. It had sub-par light output and even worse off-axis image quality than today's LCDs. And I remember my old boss spending $15K on a 55" Fujitsu plasma in 2006, bought from a high-end "specialty" dealer. So it's amazing that today you can buy a 65" LCD TV at Costco for ~$650-700, with performance superior to my old Hitachi.
But I disagree with Colliano's implicit premise that the "enthusiast" market is the province of high-end dealers. In my experience high-end dealers mostly have been snobs that look down on you once it becomes apparent you aren't going to spend mortgage-level money, or you question buying audiophile snake oil like $3K power cables, interconnects, or speaker cables. It's the worst possible environment for cultivating new and young AV customers. It's not that I'm opposed to niche AV markets for wealthy people (more power to you, if you can afford it), but the enthusiast market doesn't have to be targeted only at people making six- or seven-figure incomes. This has been the case for decades. My entry into this hobby in the 1990s was a pair of NHT 2.5i's for $1300/pr. They were fantastic speakers that would still give a lot of tower speakers a run for their money today. If anything, online direct-to-consumer brands like Aperion, Hsu, SVS, RSL, Ascend, Monoprice, and Power Sound have upset the economic value-performance cart for the better. They can be the gateway for future enthusiasts. While I agree with Colliano that there's great value now, we shouldn't reflexively equate enthusiast customers with the esoteric high end.