I'm probably at the opposite extreme of the spectrum from most audiophiles. When I was a kid, I'd be happy with a 3rd generation copy of Shostakovich's VIIIth string quartet., dubbed on a nasty Aiwa twin double cassette deck borrowed from a friend. I could only afford a single cassette deck of my own - but he had the full Monty! Twin black decks were sexy (for 8 year olds then

)
Unless the tape chewed up, it never bothered me that there was background noise and quality. Maybe as a kid, it was easier to filter out the noise and listen to the grain of the voice....rather than getting upset by the lack of pure fidelity. And the kind of cassette collection I had was astronomical! Just about every recorded and pilfered tape or vinyl dubbing from someone else's parents, or my own, meticulously hand scribbled with all the movements...listened to on some £20 cassette deck with a mono-speaker. Like I care....! It was music - and that was all that mattered. The music. Not the recording.
These days, I love the Busch String Quartet as well as the Hungarian Quartets recordings from the mid-last century. The Végh Quartet's recordings don't count -even for later on the century, they were exceptionally well recorded in same place that the Keller Quartet produced their superlative translations of Bartoks 6 string cycles.
I think of Myaskovsky's only ever complete set of 13 string quartet cycles, completed by the Taneyev Quartet between 1981-1983 in the Soviet Union. Those recordings were nearly dire! Flat and uninvolving in the 4th, and siblance elsewhere, 2 dimensional at the 11th and 14th - the list of sonic 'problems' could go on and on. Yet the music is so precious and rare to me, that none of the chaff really matters. Then I think of the Jewish guy who did a superb mono version of Myaskovsky's violin concerto; the flat mono actually rekindles fantasies of what it would be like....to listen to music by candlelight...through a gramaphone...... Yes, I would love a new AAD recording (hate DDD recordings - go away!) of the most underrated string quartet cycle of the last century, however I won't hold my breath. It's been 26 years already - I was barely walking when my parents introduced me to such music on vinyl, and now I have my own set on CD. Progress...would be owning a set on vinyl with all the crackles and blips: not the sanitised flat and uninvolving CD version

Guess I should vote 1-4 then?
On the other hand - when it comes to popular music. At a Michelle Shocked concert, I bought her 'Kind Hearted Woman' demo CD. Her vocal performance of those hard desolate Americana tracks was gorgeous. Her demo CD was utterly sh*t. The hiss levels were so high and the CD was 2 dimensional. It failed to represent a 'map' of the live vocal experience, which I relished. In this respect, the CD is irrelevant: the best version of the music I had heard, is already in my head.