IMHO some older equipment can sound fantastic, be it amplifiers, speakers or turntables etc.
This is too subjective to debate in some sort of absolute terms - I think there has been improvement in some areas, whereas in many others, there has not. I could argue that some of the very best vintage TTs like EMT, Garrard 301/401 or even Thorens TD124 (with the heavier cast iron platter) with a good vintage arm like Ortofon RF- or RM- series or SME 3012 (esp. Ser. 1) and good vintage MC like the SPU (esp. 1960's-mid 1970's) playing through a good transformer like JS or Ortofon T2000, will put a big smile on any vinyloholic's lips.
It's not "hi-fi", but musical communication. Same goes for quite a few vintage valve power amps as well as pre amps (though pre:s possibly more seldom) and integrateds.
I've also heard vintage speakers that were fantastic...and owned some too.
Quad 57 are exceptional on many things, as are Spendor BC-1s to name a few I've owned for many years.
One of the finest pairs of speakers I ever had were 1959 Tannoy Canterburys with 12" Monitor Reds; sublime, transparent and extremely open and commucative - sorry I had to let these go, many years ago.
Altec...and there are others too...
Tuners; again I rate my Leak Trough Line 3 with One Thing Audio decoder as one of the very best tuners I've ever heard, regardless of price - it replaced my cherished Naim NAT02, which it "beat" quite comfortably.
Ever listened to a well aligned and trimmed Revox G36 all-valve R2R tape recorder...I could go on, but will stop here
I really don't know what "hi-fi" means - it would appear to be a marketing term more than anything else.
I never wanted hi-fi - just music.
Nostalgia never was a driving force for me, even though some of the older better stuff is super nice to own and handle (well thought out and -made, often with a "substantial feel") .
Possibly the most significant real progress that has been made IMO, is in the digital field - it's starting to sound pretty OK these days, but I'm a die hard ananlog fan in general, and a vinyl fan in particular, so that's as far as I'm willing to go - for now.
Don't know if these examples helps answering your question at all...probably not.
Cheers
Peter
I've been looking at many of the threads on here , but I cant get my head round this desire for old stuff. After all the whole idea of HiFi is to produce the closest sound to the original. Are you "old hiFi" folk suggesting nothing has improved in 30/40 odd years , or is it a thing like old cars , it harks back to a bygone age , a nostagia thing, or does some stuff really sound better . Just interested thats all.