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This information surely looks relevant, so I find it safe to assume it's correct.
In that case it seems that in the whole recording/playback chain it is the speakers who remain dominantly responsible for the non-so-stelar SQ despite all the advance in the technology in last 20 years. Is that the conclusion?
I have seen it said many times that the single most important factor in SQ is the choice and placement of microphones. Having lower THD isn't the entire ball game.