My generation listened to music on Bose speakers, Klipsch, JBL etc. with good amplifiers because music was really important. The kids listen on cell phones and iPods, nya nya nya nya nya nya! WE WIN!
Wrong. The market for good gear has never been more developed than the present. Just check out the flagship Sennheiser HD800, or the in ear monitors that Westone, Shure and other companies are putting out. The community for 'audiophiles' is constantly growing, just unseen.
For the folks on this thread who are lamenting the death of sensible mastering, I'm with you all. But not all is lost, I think. Artists like Icelandic post rock band Sigur Rós are still doing it the good old way with large dynamic ranges in their songs. Just check out Viðrar vel til loftárása from their second album Ágætis byrjun.
For now, I choose to speak with my wallet, and buy well produced music over the extremely compressed ones. Join me!

