High End Audio Equipment, Status Symbol?

I was reading some other forums, about why High end audio is or is not a status symbol. I prefer it not to be or we would be having systems like the one below.

Saleen P-675 Pre-Amp
Saleen A-6500 7 Channel Amplifier
Rolex Venom Type 4 Interconnects
Rolex Diamondback Speaker Cable
Lexus FRS-9000 Electrostatic Loudspeakers
Lexus SS8 Surround Speakers
Lexus CP-8 Center channel
Dachati VVX-9 CD Transport
Aston Martin V-9 DVD/DVD-A/SACD/MP3/CDR/CDRD
Bentley 75' MX-1 Plasma UHDTV (Ultra High Def Tv)
Lockheed Martin DBS-50, 5000w 24in Depthcharge Subwoofer
Audi MS-2004 Master Remote Control System
Northrup Grummann PSS9000 Stage 10 Power Filter/conditioner