When I replaced a 20 year old JVC CD player (still worked, made in Japan c1988, $300) with a Cambridge 640c (made in China 2008, $750), the improvement was not overwhelming. The CA was definitely better in every way, but not the leap I expected.
I think the reality is that while technology has raced ahead, build quality of the moving parts (transport, laser etc) has gone backwards with the move from away from Japanese precision to Chinese mass production.
I think the reality is that while technology has raced ahead, build quality of the moving parts (transport, laser etc) has gone backwards with the move from away from Japanese precision to Chinese mass production.