My experience is not the same as yours, Mailman. When I auditioned speakers, there was a much more immediate and noticeable improvement in those over the lesser models and my old ones than by switching electronics. As a result, right now, I probably have about 50% in the speakers. That said, I am now upgrading the electronics, and will probably end up in the 30% range when done. If you're willing to buy used, amps and speakers are generally avilable at about 50% of list, and last forever ... but sources (espec TT) may be more prudent to buy new. That would certainly drive down the % that the speakers represent.
Perentage system $$ for speakers
While reading various posts in the past, I have read comments where some believe that the speakers should only be about 15% of the total system cost where other believe they should be the main focus. I am not looking for a right or wrong answer in this, I am just curious as to the thoughts of others on this topic.