Both. Both have to be as high of quality, for the least $ possible. Thats my philosophy. I Sell gear, so I have hundreds of pieces. I regularly switch out components to upgrade and try different combinations. I have 3 racks:
1. a complete ADCOM rack in my basement shop - hooked to cornwalls and Bozaks 302’s. Due to size of speaks-i dont change this at all.
2. bedroom rack: Dynaco pas3x/ST70 combo & Yamaha MX830/CX1000 preamp; ads1230's & CalRad's 12" coaxials (amazing!); Onkyo C-7030; Tice conditioner; Akai digital tuner; Cambridge Black Magic 100 DAC; BT unit
3. downstairs BR/music room: Yanaha M80 & dbx BX-3(badass!!) amps; new to me: parasound pre 200; Onkyo C-7030; Yamaha T-1020 tuner, Akai TT w/Ortofon cart; Furman power conditioner; BT unit; Yamaha T-80 tuner; JBL L88 plus 12's w/brand new blue diagonal foam rubber covers that repacesd the orange quadrax & Monitor Audio Gold bookshelves.
Note: Onkyo C-7030 cd players with the Wolfson dacs are the best sounding and most dependable 'mortal man money' models there are. I collect them when i find them for $150 or less. I have 6 or 7 currently. If you haven't experienced one, you need to. They are the only cd unit i use.