The late Les Mertz discussed this very thing in this review over a year ago in Possitive Feedback's Jan-Feb 2007 issue. While his issue was with Canadain equipment, the same exact anology is now true of the far east. I can get a Quicksilver amp hand built in the good old USA for cheaper then a Cayin or Prima Luna of similar power and features. I know the labor to build overseas is cheaper, so who is getting all that extra cash?
"...but the prices of Canadian equipment have been soaring. Of course, they're just keeping pace with the European price hikes, as the Euro and the British Pound pull away from the dollar. In the past, Canadian gear was a certified bargain, but it has now begun to surpass US-made gear at similar performance levels. I wonder where all of these price hikes will take the high-end market. It seems to me that the average guy would rather buy an HD television, which has become much cheaper than even a modest stereo system."
Just remaking a case for a dear friend not around to do it for himself anymore...