I agree that large venues with giant speaker systems set up in an array generally sound terrible, too loud, hard & annoying. I don’t go to large venues any longer for this reason. I saw the Grateful Dead twice in the 70’s & it was still the best sound I’ve ever heard for amplified rock music; very clear, clean & smooth. It wasn’t their big wall of sound system but it was still pretty substantial w/ 27 - Mac 300 watt / channel amps that I counted.
I guess it’s the layers of sound degradation in most recordings that prevent even top systems from having the transient response & dynamics that make live music sound do distinctive. Eva Cassidy - Live at Blues Alley / sounds pretty realistic on my system. Pretty well recorded & quite dynamic.