Based on what I've read, and experienced, including writing from Pass, and listening to Pass gear and my own experiences, here goes:
The perception and appreciation of distortion and other non-linear sound reproduction is a learned, not innate, capability or feature of the ear / brain mechanism.
Being learned, it varies from individual to individual. Unless we do a survey that is credibly representative of "most audiophiles" this question has no answer which can be backed up by more than individual accounts.
So, the good news is that variety of product selection is most likely to have a product at a price point most audiophiles can be satisfied with. The bad news is I am not going to agree with a LOT of audiophiles as to what sounds good, but then, I don't really care if I do.
Your own wallet and your own ears and your own heart must ultimately be used to determine the value, desirability and sacrifice you will make for a particular bit of kit. It isn't wrong to like something that sounds like your '78 Oldsmobile. Just don't try to force me to believe it is neutral or state of the art.
Best,
E