No it doesn't. More crimes have been committed to listening spaces in the process of dealing with "time." Again, please read Dr. Toole's book. All of this has been exhaustively researched and cross referenced.
Your hearing is exceptionally sensitive to frequency response variations. It is trivial for all of us to hear it. So no, you don't get a pass for uneven frequency response because the acoustic products are not that effective in bass, and then hang your hat on "time domain is better."
Equalization on the other hand will absolutely deal with decay if you know how to use the instrumentation. Here is a tutorial I wrote on that:
https://www.audiosciencereview.com/...urements-understanding-time-and-frequency.25/
@amirm , I think the point you are making here is an important one. It reminds me of the Hippocratic oath (see full text below). And this excerpt from the oath is often overlooked:
«I will not use the knife, not even, verily, on sufferers from stone, but I will give place to such as are craftsmen therein».
One should read the above sentence once more, and then again (or look it up to see how the sentence can be read and understood in modern society).
The above advice is - in my experience - the most important advice one can give and live by. Lives are ruined every day because people don’t live by this advice. Audio is a triviality, but the concept holds here as well.
There is so much FUD (fear, uncertainty, doubt) on the internet. FUD that arose and was nourished - not because of «craftsmen» in action but because people tried to perform like a craftsman without having had the proper training and practical experience. Time per se (i.e. age alone) is no replacement for proper training and experience.
If people have strong opinions - but no data, facts - to support their opinions, they should be more careful giving advice. On the issue of «time» and acoustics products there is a lot of advice being given without any references to research. So people should tread more carefully in absence of evidence to support their beliefs.
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I swear by Apollo Physician, by Asclepius, by Hygieia, by Panacea, and by all the gods and goddesses, making them my witnesses, that I will carry out, according to my ability and judgment, this oath and this indenture.
To hold my teacher in this art equal to my own parents; to make him partner in my livelihood; when he is in need of money to share mine with him; to consider his family as my own brothers, and to teach them this art, if they want to learn it, without fee or indenture; to impart precept, oral instruction, and all other instruction to my own sons, the sons of my teacher, and to indentured pupils who have taken the physician’s oath, but to nobody else.
I will use treatment to help the sick according to my ability and judgment, but never with a view to injury and wrong-doing. Neither will I administer a poison to anybody when asked to do so, nor will I suggest such a course. Similarly I will not give to a woman a pessary to cause abortion. But I will keep pure and holy both my life and my art. I will not use the knife, not even, verily, on sufferers from stone, but I will give place to such as are craftsmen therein.
Into whatsoever houses I enter, I will enter to help the sick, and I will abstain from all intentional wrong-doing and harm, especially from abusing the bodies of man or woman, bond or free. And whatsoever I shall see or hear in the course of my profession, as well as outside my profession in my intercourse with men, if it be what should not be published abroad, I will never divulge, holding such things to be holy secrets.
Now if I carry out this oath, and break it not, may I gain for ever reputation among all men for my life and for my art; but if I break it and forswear myself, may the opposite befall me.[7] – Translation by W.H.S. Jones (from Wikipedia)