If money were no object my 2 channel reference system would be the new Phillips Streamium Mini System hooked up to a broadband net connection, streaming 2 channel music all day at 500Kbps.. Ohh and the sound.... Aluminum cone woofs with w00x technology and aluminum tweeters all enclosed in a richly silver painted plastic enclosure..
And I could say to all my friend, come over and w00xie at my new system!
It's tough to stick to your premise of having heard the equipment, but I've heard these:
Lexicon MC-1 Wilson Maxx speakers Velodyne HGS-18
An entire Meridian audio system including speakers.
I've also seen a several hour demo of a guys system that included 7 Bryston 7B-ST, 7 B&W 802, Runco projector, Steward screen.
If I wanted to spend the money I would get:
Lexicon MC-1 7 good channels of amplification, even ATI, or Outlaw Wilson Watt v.3 (but not the Puppys) Velodyne HGS-18II A good front projector and scaler. I think a system like this could be had for less than $15,000.
i would have to say 5 thiel cs7.2 and 1 mcs-1 all powered by 5 aragon palladium monoblocks from an aragon soundstage (at least i have one of the pieces listed ) not sure what transport i'd get...definitely a good universal....maybe the linn unidisk 1.1? what's another $8000 when you already have close to $50k already in?
The fun is in the looking, I have no idea what I would end up with. I do know this, High Price does not always mean good sound. I have heard 2500-4000 systems that setup right would rival anything on the planet. . .
Thats kind of what I am getting at. You say you've heard 2500-4000 systems that will beat most anything. What brands are you talking about? Is it really neccessary to spend magabucks to get almost perfect sound? From what I read you never get to perfect. Is it worth $50-100k just for a little better sound, especially when perfect can't be had?
I'd buy a house with a custom built room with tailored dimensions, construction, and sound absorbing materials that would have far, FAR greater impact on the sound than $10,000+ amplifiers and cable blah blah blah. The bulk of the rest of the audio money would be spent on custom built and equalized speakers, including an infinite baffle subwoofer that could move more air than ANY production loudspeaker (this would entail a very large room BEHIND the main room).
The projector and screen would be the highest quality professional models ($200,000+). I'd add 35 mm projectors for reference.
If money were no object id hire the bands i like to perform for me live, thats the ebst you can get, short of that everythign you listen to will be different for sure, but not necessairly better, so buy what you want and be happy with it.
Forget spending Killobucks on amps and pre's and dac's and 40 thousand dollar turn tables it's pointless without first having the right space.
I see all these dream systems on AudioReview and none of the rooms are right.. There was one guy that had close to 100K worth of speakers and amps placed in front of a large glass window... Uhhhhhhhhh Why bother?
A 2channel setup should idealy be in it's own room away from the whole projector stuff.. Keep them seperated idealy if you can.
If I had the money I would have a nice 30' long by 19' wide room with flat 10' ceilings and have a professional come in and turn the room into an anechoic chamber (or as close as you can get..) Then start adding the equipment after doing some in house demos with as many brands as possible. I also concour with Rob on the Infinite Baffle Sub, Preferably something with maybe 4 or 6 Tempest's and a couple Crown K Series Amps and a good external bass management like the Behringer Feedback Destroyer.
Also rent or buy a good RTA Mic and run True RTA on the room after all speaker placement to make sure it's still getting flat response..
As for gear? It doesn't have to be 100K to sound good. I hardly have a perfect room and I hardly have reference level equipment and through all of the tinkering and tweaking and placement I think my setup sounds pretty damn good. So I can only imagine what a modest 10-20K would get you if wisely spent.