This is another interesting thread, with a bit of 'modern vs vintage' flavour to it.
I'll give you a bit of insight from my own personal experience over the last 12 months since really starting to look at building a decent system.
I started out by discovering, after reading many threads on AK, that audio gear can be found in many different places. I found my first pieces in a local charity shop - I picked up a Pioneer SX-880 receiver and Technics SL-10 turntable. All was well for a little while, until a channel started dropping out on the Pioneer. It got worse, until one day it wouldn't come out of protection on power up. At that time, I didn't know anything about electronic repairs so I decided to sell it on 'as is' for someone else to deal with. I then picked up another vintage receiver, an Akai AS-960, which lasted about a week until....death.
After this early experience, I then spotted a receiver in a pawn shop - a Yamaha R-S700. It was pristine, crazy cheap, covered with a six month shop warranty, and it had the remote plus manuals etc. I checked the spec online and found it was far superior to the vintage pieces I had owned so I grabbed it. It has been the core of my system ever since and it's a great bit of kit.
It seems to me, and this holds true with other things like cassette decks, CD players etc, that 'modern' gear cannot be given away. There's such a craze for 'vintage' that heaps of great gear is getting overlooked and people like me are happy to take advantage of that

My current systems is all black, no silver, but no crap either. The Yamaha amp, a Technics 3 head direct drive quartz tape deck (that cost $5 !!!), Arcam Alpha 5 CD ($10), Akai 1721L reel to reel ($15) and a pair of awesome Infinity RS 6001 speakers ($20 !!!).
I have, along the way, learned heaps about repairing gear and I do so often - it's a fun part of the audio hobby for me. For my main system though, I tend towards modern reliability. If you want to learn about repairs (assuming you don't have the skills already) then vintage is great and a fully working / restored piece can sound fantastic.
Hopefully you enjoy your audio your audio journey and please keep us posted on your progress. Why not start up a thread in the 'Members Systems' area, and consider becoming a subscriber so you can access the fantastic Bartertown
