During a recent visit at my local dealer, I inquired as to why the new amplifier we were listening to was so expensive?
@bobbydd High end audio isn't about price, its about intention. It is true that better parts are more expensive than parts of lessor performance. Its also true that low production numbers increase price. Finally there's something called the 'Veblen Effect' where a higher price tends to convey a perception of higher quality. Usually its only a higher price though. Companies that price according to a formula tend to have less expensive product than those that price according to what the market will bear but can quite easily offer higher performance.
One of the biggest audio debates in high end since before the www is the tubes/transistors debate. The reason tubes are still around is that most transistor amps are harsh and bright (entirely due to distortion and the misunderstanding that many people have that the low distortion is 'inaudible' when its obviously not; there's been a bit of denial going on...). Class D has brought the ability to build a solid state amp that isn't harsh- thus sounds just like a good tube amp without some of the bandwidth problems that are often a problem with tubes (especially higher powered tube amps).
As a designer of high end audio power amplifiers I see this as the single biggest advance in amplifiers in the last 50 years.