Do we really know what "Live" music sounds like?

At least with live music one will not encounter 'sibilance' with vocals. But back in the days of 70's live Rock gigs the sound was so awful that I remember suffering from sound buzzing in my ears for a long time after the concert.  Especially the time when I was directly positioned on the side where Ritchie Blackmore's guitar came out of the huge concert speaker, it was good to know the tunes of the songs played in advance because one would not recognise the song actually played live in concert because of the distortion of the loud sound.....!

Coming back to the op’s statement I often find that so called ’live music’ via HiFi System would sound better than the ’studio’ version, because it has the advantage of sounding organic with verve. Sometimes listening to sealed speakers in comparison to ported speakers has the same effect which makes the music more ’immediate’ one of the treasure of the ATC speakers and highlights more how the musicians are playing their instruments. Groups such as Pink Floyd and Dire Straits have done studio and live albums of their same tracks, often the way the tracks have been performed are nearly  identical in Studio mode or Live mode but the sound effect of the ’Live’ mode for me is the instant obvious advantage of that live instant and immediate sound.....