Does the Stax system sound 14 times better than the Dali IO-12?
The law of diminishing returns clearly works here.
That is true. However, people might say that a good e-stat system sounds more than 14x better than the IO-12, it sounds 1000 times better in many respects, actually infinitely better, if they do something the IO-12 does not. That is, the difference is not numerically comparable, it's a qualitative difference, for which some people are willing to pay 14 times more. I am not trying to rationalize it, but that's just how things are.
But the temptation of convenience and comfort of usage might overwrite all the above, hence likely there are people for whom the IO-12 (or similar) is the last headphone they need (and not because they are close to the grave) . But wanting is a different game.