Should a good system sound bad with bad recording?

The problem with "a good system" is "What actually makes a system good"
And that is different in different folks minds.
So I would say the average 'Audiophile' wants a "true to life system" which will just allow whatever is in the recording to come out, irreguardless of the bad sound.
Others want a system which allows the greatness to show on good recordings, AND creates a euphonic "improvement" in poor recordings.
This is certainly achievable.. and would be preferrable to "absolute fidelity" to the recorded material.
So you can actually listen to stuff... and not just those 50 or so "audiophile" recordings.

one solution is to have some sort of euphonic sounding component in the tape loop. click it in when to sound is terrible, and off for the great recurdings.
(And I wonder if this original post is showing why some folks rave about how great some cheap, junk system.. sounds better than their $80,000. rig.)
Is Euphonic sound for bad recordings more important than truth in sound.