Good morning,
I went no, the bike industry reminds me of the mainstream Hi-Fi industry in the 1980s and 1990s.
The enthusiast's market went for higher and higher prices, weird tech such as directional speaker cabling and denying that CDs were anywhere near as good as a Linn/Naim setup. But these were all sold in expensive stores in demo rooms where you were made to feel special not a crowded shop with indifferent staff or online.
The mainstream market started buying midi systems from Argos etc for £399, then £299, then £199, then £99, remember rack systems, HiFi only shops.
But you can still buy an LP12/Gyrodec/Rega turntable today, the entry level model is around £3,450 and that is definitely considered entry level. Yet brands such as Panasonic, JVC, Akai, Sony, Aiwa, Technics, Pioneer etc are long gone from the mainstream audio market.
The market moved on and the Japanese makers missed the changes, we could all be listening to expensive HiFis with iPods/Android phones as the source, instead many people under 30 have never heard a proper hi-fi system.
The HiFi magazine market was just like the current bike mags (on line mags now) where the reviews generally talk nonsense about identical products. Again there is a but, Chris Frankland used to work for a mainstream magazine packed with adverts started his own magazine with the idea of "telling the truth" and the market didn't want that sort of publication.
Although side by side I can tell the difference between, a steel framed bike with Shimano 600, an aluminium/carbon frame with Claris and a full carbon bike with Di2, excluding STI and Di2 the differences don't matter to me as all three bikes are far better than me.
Bye
Ian