Steven,
Of course you are absolutely right given the extreme examples you listed ($300 cables $300 speakers) but some have more money than sense and honestly have the right to spend their money however they like.
I can't say for sure what is the best budget percentage for speakers but for sure you really should build a system around a good room and your dream speakers rather than your favorite speaker cables and interconnects. The room/speakers are where most of the rubber hits the road.
I have no problem with $500 speakers in $20K systems in a 12 by 12 attic space with low odd shaped ceilings but I try to warn newcomers to this hobby that they should primarily consider room acoustics and speakers FIRST.
Of course you are absolutely right given the extreme examples you listed ($300 cables $300 speakers) but some have more money than sense and honestly have the right to spend their money however they like.
I can't say for sure what is the best budget percentage for speakers but for sure you really should build a system around a good room and your dream speakers rather than your favorite speaker cables and interconnects. The room/speakers are where most of the rubber hits the road.
I have no problem with $500 speakers in $20K systems in a 12 by 12 attic space with low odd shaped ceilings but I try to warn newcomers to this hobby that they should primarily consider room acoustics and speakers FIRST.