I like your little asterisk note about more expensive solutions. At some point, I think that ostentation becomes a factor. Maybe an $8000 DAC sounds better than a $2000 DAC, But how audible is the next $10k above that?
Turntables got to be that way some years ago. I always enjoyed my basic AR 1a table. Totally manual, very simple, really nice sound. I always WANTED to have a tone-arm lift, for those times that I might be shaky. And sort of thought anti-skate might be interesting to try, but it didnāt really make that much difference.
I upgraded from that turntable to a $2500 VPI scout / Ortofon 2M Bronze combination. In doing that I went from a 94% solution (never could figure out what cart to use if I wanted to upgrade the classic SHURE V-15 type III improved in the AR) to what for me is a 98% solution. Fancier tone-arms, moving coil, yes, I know that they can make a slight difference.
But there are a few handfuls of high end turntables in the $50k-140K class, with $10k+ cartridges to match. I could do 100% of what I want for way under $8000 total, and at this point with the happiness I have with the 98%, itās the LAST component Iād upgrade.