In the interest of good faith discussions...and getting all geeky/philosophical...
First, as it's often been acknowledged, pretty much no one here thinks subjectivity is irrelevant. The outlook of a site like this is
trying to correlate measurements to subjective perception in a reliable fashion. So with that out of the way, I'm presuming the real meat of the question is whether *purely* subjective experience - that is without appeal to measurements, and perhaps without even controls for bias - can be a source of useful knowledge.
Can useful knowledge be gained via subjectivity?
Broadly speaking: of course. Essentially all our empirical inferences come to us through our subjective experience and perception. When I went to leave my house yesterday I was stopped by a some netting and signs from walking down my steps. The steps were gone. Our contractor, building us new steps, took them away and put up a warning. I gained knowledge of this via my subjective perception, and if I simply ignored it I could have broken a bone stepping off the porch with no steps.
That may seem like an obvious thing to point out about the use of our subjective perception, but it's actually something that I find starts to get obscured sometimes in conversations even about audio gear when purely subjective impressions and reports are dismissed as wholly useless.
I think there's lots of room for nuance and "it depends" and precisely what a person may define as their goal.
For audio as in anything else: There certainly is a sense in which purely subjective impressions are "useless." IF what you desire is a scientific level of confidence, where correlating measurements, controlling for variables like bias etc can result in justifiable confidence levels in a conclusion (e.g. what may be audible or not, or what may be predictably preferred by a percentage of listeners etc) then anything offered that lacks in that method is indeed useless. What some audiophile says he "heard" just isn't going to meet that bill. And that is of course, in many instances, a totally reasonable goal or criteria to have.
But having that criteria doesn't automatically entail that we can't have some sense where exchanging purely subjective accounts is, to some degree, reasonable and useful. After all, every day we navigate the world mostly successfully by intersubjective engagement. I reported my perception of the stairs being gone from our porch to my wife, so she wouldn't try going out the front door. Did we need to do a study on the phenomenon of our porch, and the reliability of our perception, in order for it to be reasonable to exchange information this way? That would be untenable.
So while it's true that purely subjective reports are subject to error and hence a "scientific" approach is going to be obviously more reliable, it's also the case that our perception seems reliable enough to get us through the day, and in exchanging lots of intersubjective information, and so when we want to totally dismiss subjective perception as "useless" we should be ready to examine just how far we want to take it, and why.
For instance: should people refrain from discussing things like the sound of different mastering jobs on various albums, simply from having listened to them? Or even the different production method and sound of different recordings? If so...where does this almost Cartesian skepticism of purely subjective impressions stop and why, and how do you make life tenable?
If we rejected every subjective perception that wasn't scientifically vetted, life would be impossible.
But if it IS reasonable under many circumstances to exchange subjective impressions as relatively informative, e.g. discussions of different record masters or recording techniques etc, WITHOUT requiring a truly rigorous scientific account for our every impression - what could justify this?
I've argued that the simple heuristic that we all naturally carry around with us:
"Extraordinary claims require extraordinary evidence," helps us navigate this space. (Thanks Carl Sagan!)
If someone where I live tells me he saw a racoon in his backyard last night, it may not be a scientific account - and he could have been wrong, seeing things, been mistaken etc - but it remains reasonable for me to accept the account, provisionally, because of it's plausibility. If he had reported his perception that he saw Big Foot or a T-Rex stomping around the yard, then it's more reasonable to say "Gonna need some more rigorous evidence for that."
I take the same approach to discussions of the sound of albums, mastering, speakers etc. If someone tells me he came from a speaker audition and found the speaker to sound very thin in the midrange, or boomy and unbalanced in the bass etc, I can accept his report, provisionally, given that it's entirely plausible that a speaker could sound like that. Whereas if he reported the same thing for exchanging an audiophile Ethernet cable for a regular functioning Ethernet cable, that goes in to "extraordinary claim" in terms of it's technical plausibility, and I'll want more rigorous evidence.
It's true that even when there are audible differences (e.g. speakers), just like when there are objective differences in what we are seeing, our perception can still be affected by bias. Error is always hovering over our perceptions. But that doesn't mean it isn't reasonable to provisionally accept subjective reports, although with an accompanying lowered confidence level.
So using subjective impressions of speakers as an example: If I see a certain audiophile on a forum, or a certain audio reviewer, seems to be noting some of the things I really care about in reproduced sound, that gets my attention. After all, speakers quite plausibly sound different. And especially if I have found this person's reports on other speakers I've heard seem to coincide with my own impressions, that further suggests we are impressed with the same things. I have been led to some very happy speaker purchases via the combined reports of some audiophiles and reviewers, when I saw they seemed to care about what I cared about, and converged identifying it in a product. Where I have found the product to have just those characteristics reported by others. So the purely subjective reports of other listeners have indeed been "useful" for me. The reverse has been true, where others have said they found my descriptions of speakers very useful - they heard what I described once they had a chance to hear the same speakers.
(And as I've pointed out before, I've also found that other people's, or a reviewer's, subjective reports matched my own impressions even when I heard a speaker first, and read the reports afterward).
So my view is that to some degree, the usefulness of swapping purely subjective reports is going to depend to some degree on the person.
In some cases, something is only "useful" if you care to use it.
If someone is entirely dismissive of subjective descriptions of sound, and instead educates himself on speaker measurements to the point he can predict what he'll like from measurements and only wants the reliability that comes from listening tests controlling for bias..then that person will rightly have no use for purely subjective reports.
But that person is also the least likely to find use in subjective descriptions, even if there is any use (as we see many audiophile descriptors are waved away as mere fantasy).
So having the goal of the most reliable method of inference doesn't mean intersubjective "knowledge," exchanging purely subjective perceptions, is wholly without worth or useless.
Again, the more skepticism you cast on subjective perception - in audio or anywhere else! - the more you take on the burden of answering when and why it's ever a reasonable way to exchange information subjectively. (And I've yet to see how you get out of this slippery slope of skepticism without appealing to essentially the heuristic "extraordinary claims require extraordinary evidence" and it's obverse "ordinary claims only require ordinary evidence" I have mentioned).