Am I wasting money on the theory of Bi-amping?

fthompson251 is doing it right ....   with speakers AND electronics designed with bi-amplification in mind.   If your gear isn't then it's probably a wasted effort 

Depends on amps and speakers.

If you have a 3 or more way where only fairly deep bass can be isolated to one amp, maybe. I think you would need to be pushing your system hard for it to matter.

I have two NAD M23 amps and speakers are Paradigm Founders 100F. 
 

I am using them in a vertical bi-amp configuration. 
 

I have four subwoofers handling the very low end. So the amplifier shouldn't be stressing out in any way. Even when I had just the one M23 amp connected using both speakers it sounded phenomenal. That's when I decided I wanted two. I loved it!
 

The amps can be bridged but I felt this could degrade the quality of the amp and chose the buying of two amps instead kind of like a monoblock setup. I've usually used monoblock amps for my system but NAD doesn't make a monoblock amp in this M23, even though it can be bridged I just felt bridging could degrade the quality l heard when connected in two channel. 
 

I've never tried bridging these amps but based upon Audioholics testing said it did kind of decrease the quality over running two channel mode.   
 

I'm just trying to learn more and appreciate the feedback knowledge!

So, will you be using Y adapters to connect to the 2 Amps?

ozzy