Fraserhutch, I think that xstatic's point about the value relative to a client was very clear as was my extension of that as far as selling time to a new client or the value of marketing your business. It is true that soundwise, the relative difference in the sound of many pieces of gear, be it micpres,mics,consoles,whatever, on a one to one basis, does NOT support the gap in prices of the gear. But in a lot of cases, the difference in being hired for projects depends VERY MUCH on this price gap and therefore as a 'relative value' cannot be ignored when purchasing gear for the business.
Jmorris readily defines it as 'hype' and quotes Les Paul with "people tend to hear with their eyes"...yet he fully admits to owning and purposefully buying pieces that are full of this very 'hype' as an added value to his situation.
Nothing at all wrong with that. The market bears this out on a day to day basis. I am no longer a for hire shop. I only do my own personal projects and projects for friends. I no longer need the 'hype' factor for those coming through the door. When I did operate on a professional paying customer basis, it was VERY important that first time customers were impressed at first glance when walking through the door. This meant console, racks of shiny stuff, and several impressive looking mics sitting sweetly in their baskets on sturdy professional-looking stands, cables neatly wound and hanging in a nice array, drum booth clean and clear of drumstick residues....etc....you get the picture.
Its these kind of impressions that can make or break a deal for work, and the point is, having these little bits of 'bling' has nothing to do with the relative differences in sound but has much to do with clientele happiness., which was xstatics point originally. Mine was simply an extension of this.
Jmorris....I cant really tell you if I would be able to discern any differences in sound through MP3 reproduction or whether your test would prove anything or not. I dont track on entirely high-end stuff and am a clever enough engineer to hide audio deficiencies in a mix. But I am interested in hearing what cha got.!!