I have compared lower budget with mid fi. They sound good. For many people, good enough. However, in my opinion, the quickness, the rhythm, the bass control, to keep detail in a way that it's just not music, but a remarkable experience every time you listen is not there like it is with the more expensive Hi Fi.
A controversial takes on low cost speakers with a lesson...
A controversial takes on 5 speakers comparison with an acoustic lesson few will catch: