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nordlead said:

I have a 12" 250W sub-woofer (overkill, but it was on sale ), and a 7.2 system with 95W (maybe 100 can't remember) per channel.

There is nothing wrong with cheap speakers, but they don't recreate the full audio range as accurately. Typically cheap speakers focus on the high and low frequencies sacrificing the mid range. Also, as you try to turn them up they distort the sound as they can't handle the volume. As you travel up the price range they create the entire audio range with better clarity. Also, you move from cheap plastic or fake wood cases to real wood cases that look like furniture. Of course, you can buy $2k speakers and they will sound like crap if you don't have your room & system properly balanced.

See this is just something I clearly don't understand.... masses of money being spent for what are to me at least very small gains.... same as with HD TVs... I have seen enough of them, and are not worth the insane sums of money some spend on them.
I mean if our TV breaks now, we would probably go for a HD TV, because they are pretty cheap now, but only a couple of years ago you would need £1k+ to get even a 36" TV (we can't fit one bigger than that in our living room without having a wall mounted one)