"The Law of Diminishing Returns"???

As an economist i would say that first you would need do is to derive your personal production function. Where the thing being produced is good sound which can then be translated into utitity or personal happiness. this would be a weighted function with some variables or maybe in this case just one variable, cost. thus making good sound a function of cost, this is assuming that all components have the same cost to quality of sound ratio. if the sum of the weights of the function is greater than one, then you are experiencing incresing returns to cost. if the = to 1 then constant returns to cost, if less than one diminshing returns to cost. Here are some interesting links to items of interest
http://cepa.newschool.edu/het/essays/product/returns.htm
http://william-king.www.drexel.edu/top/prin/txt/Cost/cost17.html

I see everyone here agreeing with sean, but i gotta say he is totally wrong.
Sean, get yer head out of yer butt. ;)

The correct forumla is...

N = price of new gear
O = price of old gear
G = total price of current gear minus N and O
I = Slappys IQ after a 6 pack of Sawtooth Ale

N x 3.2(G + O)
-------------- + I(G-N+O) = Improvement per slappy.
G + NIO(6.326/I)

Ok....

GOT IT EVERYONE?

Now we can lay this thread to rest.

YER ALL WELCOME!

I think the same thing is true about audio addiction as the thing I observed with some of my friends dependence on weekly sessions with their shrinks, "Everyone is as crazy as they can afford to be."

Used Gear:
Passive Preamps: $1000
Active Preamps: $3000
SS amps: $3500
PP Tube amps: $3500
SET amps: $3000
Monitor speakers: $2500
Floor Standing Speakers: $3500
Planar Speakers: $5000
Cables: $300
Interconnects: $100
"Shitaki" stones :$1.00 each

New Gear:
Add 40% to 60% to the above numbers!

take care & good luck!

I nominate Slappy as Audiogon "Jester in house". He's too entertaining to go without recognition.

Any backers?