I used to be a believer that Bose made some of the best hifi products there were, and then I went to a real hifi store.
What's wrong with bose (a bird told me those little speakers cost bose under $50US each), they make cheap crap (the acoustimass modules are made of chipboard no mdf and the drivers have foam surrounds :S), over inflate the price (see first 2 points), and then spend their squillions on marketing (bose is the only company at all which skywrites on a regular basis in brisbane.
There isn't a single bose product that can't be beaten in price or performance. If you are after a clock radio look towards a decent one like Henry Kloss models, they are half the size of Bose's. If you are after something that "integrates" into the living environment or your modern house design then go for Bang and Olufsen, it may cost just as much but you actually get hifi quality from it too, and it looks better to boot.
While I was buying long runs of cable recently I overheard a shopkeeper in the shop next door demoing Bose gear and saying "Bear in mind that this is perfectly flat, there has not yet been an EQ applied to the music."
For those who have actually heard acoustimass would know that the bass response goes down to about 80hz and then uses some funky algorithms to make it appear as though it goes lower, there's also a massive hole in the midrange, and trebble extention is balls too. As for their floor standers which bounce sound off the back wall, What is with that! If you want perfect stereo all over the room get a Beolab 5 speaker
. Their pro stuff is as bad as our locally made AT PAs and are often dwarfed by Yamaha, and always drawfed by an IJS system costing half as much. The headphones while the sound cancelling works is not worth the money. Finally the clock radio is huge, ugly, and sounds crap compared to a Henry Kloss Model 1 which costs less than half as much. Hell the Model 2 is cheaper!
And the final rant, Bose is available at every supermarket, but is not sold in hifi shops, doesn't that say it all?