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First I would get the folks at say Dolby Labs to design my ROOM.After that I would worry about the equipment.
I would first get a room designed, and i would be a large one. Treat it, and then order a pair of Wilson Alexandria's in BMW Laguna Seca Blue. My front end would be a PC used as a transport, and I'd commission Scott Nixon to build a "balls to the wall" non-oversampling tubed DAC with some VERY expensive transformers to couple it.I'd run that into probably a Halcro preamp, and positively the Halcro monoblocks in gunmetal blue for amplifiers. Cabling is a tough one, and I'd be hard pressed to change fr ...
Live music would be the ideal, except that all the money in the world couldn't get of the top performers to be chained to one venue and without their freedom they soon wouldn't be top performers. And they would age eventually ...
...Forget about SACD, DVD-A, etc. A well-recorded, well-mastered redbook CD sounds PLENTY good. It's just that less than 5-10% of current redbook CD's are produced this way. If the source is great, even a modest system would sound very good indeed.