I think both schools of sound are represented. Some state of the art is still lush and convincing sounding, such as my Tannoy's with set amplification. But I guess I agree most mainstream is as you described. Someone above had a good comment that gave me a chuckle and although I find it has a lot of truth. Something about you needing to stop listening to solid-state.
Disturbing "Sonic Trend" showing up on SOTA audio
Exaggerated high frequencies and etch = "details"
Biting unnatural attacks = "fast transient response"
Unnaturally dry bass = "taut" and “tight”
This is what I hear at shows, homes, and stores, over the last several years!
Have "new" audiophiles lost their way, in relation to what "natural sound" of "non-amplified acoustic" music sounds like?
This "type" of sound is increasingly selling as current "State of Art".
Audio has more BS, and nonsense, than any hobby that I know of!
And as "Crazy" becomes acceptable, it drives more "Crazy".
I have been in this hobby since the 70's and heard it all.
Maybe those that kept their older systems, and got off the "marry-go-round", of latest and most expensive is best, are the most intelligent!