Price has very little to do with High Fidelity. Take the $3K Benchmark AHB2 that amplies the incoming signal impeccably and the recent $45K D'Agostino that limps along like an Edsel and there's your high fidelity vs mid fidelity.
HiFi vs MidFi
I’m a relative noob to the audiophile scene, having just invested in an integrated amp and upscale (for me) speakers. From time to time, I hear the term “MidFi” for some components. Is there an objective or just largely accepted definition for this term? I’d be curious to hear feedback on what constitutes HiFi vs. MidFi across various components.