Why I personally find the LCD5 the most appealing of the latest flagship announcements (and other flagships) for my personal taste?
Meze Elite ($4000):
I really like my Empyrean ($3000) even though I am very well aware of its shortcomings. The technical improvements on the Elite do not seem that convincing for $1000 more so far. Especially in times when the flagship market has just become the most crowded ever. Bass on the Empyrean was already a compromise for me versus something like the LCD4, but I simply can't live with a 700g+ headphone and also the Empyrean offers some really nice, natural airiness versus the LCD4, although resolution and other technicalities are clearly inferior to the LCD4.
The Elite's more neutral tuning might or might not be to my liking, but if I can have more air on the LCD5 versus the LCD4 with a neutral but present Audeze bass, I wouldn't think twice. I actually prefer LCD-X bass in most cases versus the Empyrean bass, although the Empyrean does everything else much better than the LCD-X.
So, if the LCD5 follows the bass quality line of LCD-X/LCD4, that is extremely appealing to me combined with the new light weight and more open upper frequencies. Much more appealing than a more neutral Empyrean called Elite for almost the same price as the LCD5.
The big question here is if the LCD5 bass with less magnet weight still deliver the same bass qualities I like in the LCD4 (linearity, extension, expansion, clarity, impact, tightness, depth, texture).
DCA Stealth ($4000):
I love Dan and his dedicated work, but I never really got on with the sound of his headphones. The Aeons were too thick, closed in and lacked resolution for the price for me. Reviews about the Ether 2 seem to reflect this experience versus similarly priced competition. Reviews of the Stealth seem to state the same versus other $4K headphones. And gosh, we have plenty $4K+ flagships these days. I would audition the Stealth, I wouldn't blind buy based on my pretty disappointing experience with the Aeons.
Stax SR-X9000 ($6200):
New Stax flagship. Interesting, they didn't get the same publicity on Head-Fi. Perhaps Stax is not supporting Head-Fi enough? Anyway. Even crazier price and going electrostat direction would request a lot more money investing into energizers and so on. Simply out of budget. Niche of the niche. At the same time I still can't imagine an electrostatic headphone producing similar bass impact to planars. Perhaps Stax redefined physics here? I wonder if I will ever find out.
T+A Solitaire P ($6400):
Not a recent announcement, but another appealing flagship contender. Many owners praise them for their technicalities over the Elite, although some complain about a weaker bass. For me, for this money currently it is too much of a risk buying without auditioning at the moment
Susvara ($6000):
The good old HiFi-Man planar flagship, known by everyone. I did audition them extensively, but never owned them. Price on the second-hand market is becoming more and more acceptable, coming around half of the RRP actually. To me there is hard to find any fault in the Susvara's sound. It is so well balanced, so lifelike, it is not an accident they are still a benchmark in the industry after all these years. They definitely need a beefy amp though, but I think my Burson Soloist 3XP would be just enough to do the job. The Susvara is pretty much perfect in pretty much everything, but at the same time doesn't stand out in any specific qualities, like Audeze does with its technically perfect and impactful, tangible yet neutral and linear bass.
A second-hand Susvara is definitely on my short list though.
Final D8000 ($3800) D8000pro ($4300):
Older headphones again and still under the radar for many audiophiles. I currently own the D8000 as a recent (second-hand) purchase and it is slowly but surely taking the crown and head-time from my Empyrean. IMO these Finals are underrated and overlooked headphones which is a shame as they are definitely in the game with all the others mentioned above. Definitely a tuning for bass lovers, but man, this bass is quality. And the rest of the frequencies are more than nice too.
Abyss TC ($6000):
Never heard them. Bass and spaciousness seem to be the best available, but many complained about comfort, mids, texture... Also need a beefy amp. To me not as appealing as they were 1-2 years ago. Still I would definitely try them, but again absolutely not a blind buy, at least not for this price.
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I could go on, I was going to briefly mention the ZMF Verité, Utopia, but I don't want my post to become too long and I also feel these otherwise brilliant headphones at least to my personal preference somehow stay in the shadow of the others mentioned above.
LCD5 ($4500):
So, why I am most interested in the LCD5? Because I owned several LCDs during the years and the ones I didn't own, auditioned. I still think, LCD bass is the best in the industry. At least to me. LCD bass has the best extension, linearity, impact, body, clarity. You can always add some bass shelf if needed, much easier to do than EQ-ing higher frequencies. My upper frequency complaints about the LCD4 seem to be resolved in the LCD5 looking at the graphs. My only question is if the LCD bass impact is still there. $4500 is still not $6000, like many other flagships and I am sure there will be a few people who will immediately sell their new LCD5 at a lower price, like I have already seen some Meze Elite's going for much lower than RRP after a few days of release.
Who knows, the LCD5 might be for me, although at the moment I am having a lot of fun with my D8000.
This hobby should be all about fun. Buying, selling, enjoying sound and music, sharing experience. One thing I have learnt after spending many years with great headphones: never judge anything unless you have actually auditioned them yourself for at least several hours if not days or weeks.
Enjoy your music guys. Don't forget, at the end of the day it should be about music. And some sound technicalities of course, but still we are listening to music, aren't we?