The value of time and money is in the ear of the beholder.
Feel free to listen to this video where the poster (ironically) can't hear a difference.
Despite the poor room acoustics and recording quality, to my ears and on my modest listening setup the bi-amping off the same AV receiver (rather than via separate monoblocs etc) is better. There is more depth, separation and weight to the different layers in the music which I'm sure would show up via a FR graph.
In saying that, I'd say most people (80-90%) won't hear the difference or enough of one.
Furthermore, synergy between the different parts of the audio chain will have a big say on the end result.
FWIW I'm definitely planning on a bi-amped system if/when I upgrade my speakers and would happily share measurements of the results when that happens.