Approximately 50% of the sound that reaches your ears in a residential sized room is from room reflections. I've heard systems comprised of nothing but superb quality, well matched components sound horrible in bad rooms. And systems composed of mediocre components sound engagingly musical in good ones. All depending on the room and setup (positioning of speakers & listeners). Naturally some recordings are disasters that sound bad regardless of anything else, but in a good room can still deliver a taste of the artists.
If your goal is to hear performances where you get a real sense of the performers & instruments, deal with the room first.