I'm pretty sure the OP said good VFM. Cheap is something completely different, and was not specified.
Not at all new but I'd add my Stello Transport and DAC to the list - the best made/sounding/ VFM kit I've ever bought.
Related to Magico speakers with a price tag from £12000 to £60000 and higher, i think it is difficult to call these high VFM. They rather very high price.
Naim UnitiLite - B&W 685 S2
Synology 212j or 213j! Great SQ and all your music, video, etc in one unified place for under $500 (depending upon hd size) and a free app to control!!
AV: Yamaha RX-V673, Salk Songtowers/center, Squeezebox Duet, Emotiva XDA-1 digital pre, LG 55/5700, Panasonic BDT-210, Apple TV
Music room: Macbook Pro Retina, Synology 213j, Squeezebox Touch, Oppo DV-981, Emotiva XDA-1, Apple TV, NAD D3020, KEF LS50, Spotify Premium+Qobuz
Electrocompaniet EMC1UP... not cheap, but worth every penny
Harbeth P3 ESR and SHL5..
Accuphase E350 amp, Electrocompaniet EMC1UP CDP, Siltech 25th Classic anniversary 330I XLR Harbeth Super HL5 on Sound Anchor Quod ELS63 stands, Chord Odessey2 speaker cable. Grado SR60 headphones.
For me, VFM is generally reserved for components that are generally head and shoulders (subjective, I know) above those in their price range. For example, I rate Blades as giving VFM if in the market for a £20k speaker.
On a more realistic level:
Source: Linn Sneaky (have yet to hear better at the price)
Amps: Harman Kardon HK990 (up to £1k), Rega Elicit R (£1k-2k) and Electrocompaniet ECI-5 (£2k-3)
Speakers: Kef LS50 (Reference speaker for sensible money)
"Everything has been said before, but since nobody listens we have to keep going back and beginning all over again." André Gide
All the BK subs
Croft 25 basic preamp
Dali Zensor 1 - stunning speakers for less than £200.
Naim Supernait 2!!
Rega RP6 Groovetracer sub and counterweight/DV20X2L/Rega Aria/Naim CD5XS/Flatcap XS/NAT05XS/ND5XS/Supernait 2/Dynaudio 1.8-II
Overall I think hifi kit and the term 'value for money' don't really go together, I think most of it (budget speakers aside, maybe)costs way more than it should.
Having said that, in hifi terms the ones that stand head and shoulders over everything else I've heard are the Avi ADM9's.
Synology NAS + ATV2 > ADM9RS
Meridian CD players
Not really cheap components, espcially the Magico speakers.
No, but the question was about VFM. They're definitely that, no question!
+1 for that denon amp, just bought one, to replace a faulty marantz pm7001, slightly different presentation but just as enjoyable
TANNOY V4, for £249 just trounces any other speaker at this price IMO, defies that cliche that cheap floorstanders are awful, these are very very good and deserve a good system to make them sing
AVI Neutron Five 2.1 system (surprise surprise)
Behringer UCA202 USB DAC
X-Mini II portable speaker
PC > AVI Neutron Five 2.1
Sony NWZ-A847 64GB Walkman > Westone UM3x
Audiolab MDAC @ £600
Hifiman HE-500 @ £700
Combine the two, fed from a PC/Mac via USB, and you have a system with a resolution and vibe that's hard to beat for less than £5K.
What classical music are you listening to?
A pair of active psi speakers, modell A 215-M : 4'790 euros, maximum sound quality possible, and the amp is in the package.
Exposure classic XXIII and XXVIII. High end hifi for good price.
I'm not speaking english very well. I'm excusing for all mistakes.
Onkyo's network amps, esp the TX8050 and the stunning TX-NR818. Comfortably blew the notion that "AV amps don't do music" out the water and into next week.
Onkyo TX-NR818 / Tannoy DC4 speakers / Marantz UD-7007
AVI Lab Series CD player / various cables
Any budget marantz amp or CD player. My motive 2's, although not cheap i was willing to spend more if required but they stood out on that demo day.
Rega RP3 turntable/Naim 5i CD/Naim 5i amp/Neat motive 2/BK sub
MarantzPM6004/MarantzCD6004/Monitor Audio Bronze BX2
Project Box S/B&W P7 headphones
APX's and a bunch of i things
No CD players?
Mmmmm... If pushed I'd say the Marantz CD6004 and Denon DCD720AE. Above that the law of diminishing returns cuts in very quickly with CD players IMO.
Sources: Rega RP3/Elys 2 - Roksan Kandy K2 CDS Phono Stage Cambridge Audio 540P
Amplification: Exposure 1010
Speakers: Dynaudio DM2/6
Listening to MUSIC!
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