You think it would have happened already if it were to happen altho I don't pretend to speak for the next generation. Launche must mean things other than music itself. Lovers of live music don't give a shit about effects if that's what your talking about, my young brother.
I love live theater as well and prefer it to movies.
We are listening to recorded (mostly studio processed) music in an analog or digital format not live music.
When I see an audiophile's music collection consist of unprocessed live recordings I'll begin to entertain that argument.
The "Live Music" forums should be very crowded then.
In the sense of recreating an illusion of... I feel the movie (sound) people do a better job at their craft. I see a lot of audiophiles try to belittle movies/home theater and I'm not sure why. Last time I checked a hell of a lot more goes into making a movie than making a record and the same goes for trying to reproduce the medium in your home.
For me if the end goal is to illicit an emotional response then cinema wins hands down. Hell I watched a movie recently I didn't even want to watch (The Flowers of War) and got all choked up, wrestled with moral failings etc... Cinema does provide that to me on a regular basis and by comparision music is just enjoyable.
Watching a movie I once heard a jet appear to fly above me as if hundreds of feet in the sky and guess what I looked up to see if it was dropping a bomb and I said now that was pretty cool. Is that any more odd that wanting to hear the 3rd violinist turn her page? So for instance if audiophiles can go ga ga over their imaging and sound staging then the HT crowd surely deserves right to do the same. And yes there are a great many audiophiles that put systems together mostly for the purpose of enjoying imaging and sound staging so let's not kid ourselves here we are all one in the same.