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What people constantly seem to forget is that pro gear is used to produce the content you're listening. The difference between pro gear and consumer gear is that pro gear is competitively priced, no bullshit and high performance where consumer gear is totally flakey no guarantees bargain-bin to insane priced guess work.
99% of the quality is achieved with the speakers. The electronics play a very minor role in the end result. Yet people spend insane amounts of money to polish that 1% of quality - DACs are a good example. Amplifiers come second best.
If anyone wants to contest this view I have an easy argument: DACs and amps are extremely hard to tell apart in a controlled ABX test. Sometimes to the order of impossible. Speakers then again are easily identifiable due to large qualitative differences.
Yep DACs are pretty much done and dusted technology. Have been for 20 years or so. If you crack open a $4000 CD player all you'll find is a $15 dollar DVD drive hooked up to $5 worth of DAC surrounded by $200 worth of power supplies and power regulation of dubious or superfluous merit filling up the other 80% of the milled aluminium case.
Its the speakers and the analogue bits that really count.