A good discussion! Audio systems are just that - systems where every component affects the end result. The most important part to spend money on is the weakest link. Finding this can be hard, I once changed my speakers and source but only fixed the issue I had when I upgraded my amp (which I thought was my best component due to brand name). If I had started with the amp I would have avoided some unnecessary churn.
The rule of thumb about spending the most money on speakers goes back to a time when good speakers were hard to find and expensive. Relative prices have shifted which allows more to be spent on other parts of the system.
Don’t forget cables and power cables are all part of the chain. I also got a big improvement from adding isolation feet to my equipment. As an early poster said, the more the system improves, the more noticeable the benefits of additional upgrades. That’s why very high end systems have very expensive cables- because these things start having a big impact as more nuances are revealed. That’s where the black hole comes from!
The rule of thumb about spending the most money on speakers goes back to a time when good speakers were hard to find and expensive. Relative prices have shifted which allows more to be spent on other parts of the system.
Don’t forget cables and power cables are all part of the chain. I also got a big improvement from adding isolation feet to my equipment. As an early poster said, the more the system improves, the more noticeable the benefits of additional upgrades. That’s why very high end systems have very expensive cables- because these things start having a big impact as more nuances are revealed. That’s where the black hole comes from!