Well, perhaps I'm not a true audiophile by some peoples' definition, but cheap is definitely part of my vocabulary. I have heard inexpensive systems that were wonderful, and incredibly expensive systems that left me cold, even repulsed. It is true that spending more can lead to a better system, but there obviously is no direct correlation between cost and quality, and this is spectacularly so if used equipment is involved.
There is so much luck involved in buying used stuff that cost is completely unassociated with result. Of course, you have to be open to the idea that excellent older equipment can still be as good or close to as good as excellent new equipment (I mean this without regard to the differential in cost of buying used and buying new, but once you take cost into account, at a given price point, the scales are tilted dramatically in favor of old stuff.
And with luck, you can find a Marantz 9 at the dump -- I haven't yet, but I've got my fingers crossed -- so, yes, cheap is in my vocabulary.
There is so much luck involved in buying used stuff that cost is completely unassociated with result. Of course, you have to be open to the idea that excellent older equipment can still be as good or close to as good as excellent new equipment (I mean this without regard to the differential in cost of buying used and buying new, but once you take cost into account, at a given price point, the scales are tilted dramatically in favor of old stuff.
And with luck, you can find a Marantz 9 at the dump -- I haven't yet, but I've got my fingers crossed -- so, yes, cheap is in my vocabulary.