My only concept of 'low end' or even 'mid-fi' is anything that really sounds questionable. This includes most speakers built for computers and any unknown, 15 syllable brand name that magically sells the best sound ever for fifty bucks or less at Radio Shack.
I visualize hifi as any company that makes a reasonable attempt at making an honestly good speaker.
Define that further at your own discretion.

Audiosnobs will tell you that hifi is anything above a certain and yet non-specific price point. If Axioms sold their speakers with real wood veneers (coming soon) and for about $3000 more, they would probably be classified as hifi and eventually get accepted into the world of snobbery.
So far they've kept pretty well to their more humble roots in the rural area outside of Huntsville.
Lovely area.
Very wooded.



"Those who preach the myths of audio are ignorant of truth."