Pharmaboy
Headphoneus Supremus
The high price makes it seemingly apparent that the sound quality will be freakingly great awesome killer out of this world incredible huge best sound you've ever heard. The highest price gets the "best sound" attached to it before anyone has heard it. We assume that it just has to be. And even though we know this is not likely to be, we believe it anyway. We always have hope. Until it is dashed. Repeat.
Your cynicism is obviously warranted. We've all been victimized by our own expectations for this or that hyped audio product.
But I have to tell you...when I went to CanJam, I had absolutely zero intention to listen to $3K+ headphones. I had heard some quite good headphones and was happy I'd gone. Then I wandered into the Meze room, off the main floor, a quiet & calm place. Antonio Meze struck me as a rational, welcoming presence. My friend sat down and put on these striking-looking headphones I'd heard about (the "Empyrean"). So I sat down and put on the other pair. Bad move. Besides being physically beautiful, art objects in terms of their design & construction--it was flat-out the best sound I'd ever heard. Nothing else is all that close, including my favorite headphones. 10-15" of that really shook up my "value system."
Beforehand, I regarded the Empyrean just as I did pretty much all $3K+ headphones: with suspicion and some resentment, thinking it must be the creeping contagion of high-end audio (where 5-6 figures is now normal for anything), following me into headphone audio. But after hearing them, I no longer felt that way. I heard real endgame, state-of-the-art, beautiful sound. It's hard to get that out of my head.