Is simpler better?

I have been adding components in my audio systems and subtracting as well at times. Over some time now, I wondered if I hear better resolution, dynamics, clarity and get closer to the recorded music when I keep the path short and simple. I mean one source, one integrated amp and to the speakers. Or even a digital component to a DAC then to the integrated amp and finally to speakers. Bypassing the preamp or in some cases bypassing a separate DAC. It certainly elimates the need for redundant volume or gain, reducing wires or cables, reducing the chance for incompatible components and keeping the path short.

For those using turntable(s), does the combination of phono preamp, platter, tonearm, cartridge, motor, isolation get to be too much to manage? To get the best sound? 

Your thoughts? Your experience?