hey Randy
i do understand what you mean and never would i call a 40k player value

but no, nothing is wrong.
The market offers everything at every pricepoint.
if the manufacture wants to improve your 4k headphones, what would it take to do and where would the price end up?
Improve, sure ok... and the updated models were actually the same price. A brand-new model is just now being released at $5k.
My point was there is no, and I mean zero cost value to the prices that are now being asked for top end gear. In recent magazine articles I have seen $200k amplifiers, $80k tonearms, $100k pre-amp, etc., etc. There is no cost (R&D) justification. It is almost like company X offers a product at a quarter a million so to show we are as good we have too also.
The end result is the shrinking of the audiophile hobby because I assume some people who may have interests follow the same path as I did. Research and see what is out there before jumping in. The research will scare off many, and I mean a much larger percentage than in years gone by long before they ever make the original plunge.
Yes, there are value products. I am not referring to the throw you a bone product that seem to get a review in many magazines, instead real values. Wyred 4 Sound preamp is a true value, but what have you heard from them lately? Nothing because getting press and reviews is almost the exclusive realm of the billionaire products. The STP-SE Stage 2 pre-amp is still being sold and is still one of the best sounding pre-amps on the market. Or the Hatter passive pre-amp. How many of you even know their names? Charge insane prices and market the shit out of it and I bet the answer would be a lot higher on both products.
Or the previously mentioned Job amplifiers. They were amazing, but Goldmund stop building them. The only reason I could ascertain was that it got out they were being built on the same benches as their line of gear that was ten times (or more) the price. Were people asking why the Goldmund models were costing so much more?
This industry has lost their marbles, and it is catching up with it in my view. Honestly, it is too bad because it is probably at it's absolutely best technically that it has ever been. Put simply the costs do not justify what is being asked for the products.
I can almost guarantee that a vast majority of members on this forum could not hear the difference between this digital setup and my T+A if compared side by side... maybe but it would be very very slight, for 10x, 20x, 100x the price.