I used to think components were more important cables.
I now have done a 180 and am sure that cables are more important than components.
Have a modest system compared with most of my friends in our audio club. Many of them have spent well north of $500k on their rigs.
Have now rotated many sets of high end power cables, interconnects and speaker cables through my sub $50k system and I can tell you without reservation that a set of $100k cables makes my system sound better than the best $750k rig I have heard.