Audiophiles spend a lot of time thinking about the law of diminishing returns. We'd all agree that spending $1000 to replace an iPhone and generic earbuds with one of Stephen Mejias's "Entry Level" systems is in the early, steep part of the curve: a huge jump in performance for relatively small investment. We'd also agree, or at least suspect, that after you've spent that $1000, the curve gets a lot flatter. What we don't agree on is the shape of the curve between these points. The ideal situation is to find the knee: the point at which the curve's slope changes dramatically. At the knee, we've gotten most of what we want, and the next increment of performance improvement is disproportionally expensive.
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