would it be a huge mistake?


hi everyone,my question is would i be making a huge mistake by purchasing speakers that are no longer in business?a dealer offering me a pair of Genesis speakers at a price that ive never seen before.ive read all the threads about Genesis out of business but cant decide if it would would a stupid mistake on my part?
thanks to all here
antmo
I have own Genesis V's. A great speaker! Unfortunately parts are not available at this time. Hopefully they will become available in the near term. While Genesis can be an excellent sounding speaker, it is not necessarily excellent in its build. Ribbon tweeters, with time have a habit of buzzing. Ths can be remedied by disassmbling the tweeter and adjusting the Kapton element. Midranges units can be easily blown. And the woofer unit accelerometers have a habit of acting up. The accelerometer lossens and can be heard as a moderate level 1000 hz tone. With parts no longer available careful consideration should be given to purcjasing a pair. I definetely do not recommend buying them sight unseen. Also, careful auditioning is recommended.
Thanks for posting the info that you did RCampbell. It is info like this derived from first hand experience that makes these sites SO worthwhile. This is not to say that the info that others with first hand experience posted is less important, but it is always good to hear BOTH sides of the story i.e. the benefits and problems that each component offers.

I would not be afraid to buy something of this type if i liked it and the price was VERY accomodating. I would also check into buying a few spares "just in case". Even if you never used them, the peace of mind would far outweigh the cost. Sean
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Respectable sounding brands (Threshold) find aftermarket support despite going out of business, even when they had shaky reliability ratings when in business (Counterpoint, IMHO deservedly so). As a captive audience, you may pay a little too much for that support if you ever need it, but that day may never come, and the premium may not be enough to reverse the savings you got at the outset. If the deal is as good as the tone of your post suggests, go for it.
I recently bought a pair of Gen Vs that had all the drivers replaced from the midbass up. They are fantastic speakers, which are now available for unreal prices. I am in the process of trying to hunt around for a set of spare drivers, just in case.

I bought a Gen 750 for a center channel for $500 (Audiogon) and am quite happy. I also bought a Threshold T200, so I'm not exactly afraid of buying used equipment from companies no longer in business, as long as you can identify support BEFORE the purchase. In the case of the Gens, I did not anticipate Gens demise, but it looks like there will be companies willing to provide parts and service.

Happy listening.

Jim