I've always been curious why live music the yardstick for some.
Smaller venues often crappy PA speakers played beyond their capacity with a clueless sound engineer.
Arenas atrocious acoustics, seems like an impossible task to pump good sound to 10,000 folk sat all over the shop.
Medium sized venues seem have provided the least compromised experiences. But even here acoustics aren't great. That slap back echo of as the drummer does sound check. It's not pretty.
Symphonic halls can be pretty good, for orchestral (the one in Birmingham is excellent).
What I've always paid for is the experience, the performance, the collective energy of the crowd, all your senses firing. No sound system is ever replicating that.
Agree with Del Monaco's sentiments, good gear connects me more to the music emotionally. In fact, I just sold off some speakers which are technically significantly superior and 3x the cost of my current speakers because for some genres they pulled me out of the music. Worse, I found I was only selecting recordings with good production which was a big red flag, imagine not wanting to listen to your favourite music?! No wonder Diana Krall and Norah Jones are so popular. Something some of ASR really don't seem to appreciate.