I say spend the most you can on single wire. If you funds are unlimited, then go for top of the line biwire.
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Wouldn’t it be better to allocate $1000 to better single wire than the same amount to bi-wire?
Yes, IMHO. I played around with this idea myself for several years, and came to the conclusion that bi-wiring with cheaper cable does not sound as good to me as single wiring with better cables. If you have a $1000 budget, buy the best single cable for that $$$, two $500 cables would not sound as good, IMHO. Of course the cable companies will want you to buy two $1000 cables, but you have to draw the line somewhere.
In my limited experience, at best bi-wiring can provide perhaps a 5 - 10% gain in sonics. Small but noticeable and pleasant. But that is only under certain conditions, ie speaker type, cabling type, amps, etc..
At worst, there is little or no audible improvement.
If my budget allows I definitely bi-wire.
On the other hand, if you still have other open-ended issues that need addressing (who doesn't?) like proper line-conditioning, proper vibration management, amps, source, preamps, speakers, dedicated lines, ics & scs, cryo-treated romex, connectors, outlets, inlets, etc. I would focus monies and attention on those other areas first. But only because the potential of properly addressing any one of those other areas first could easily provide far more sonic benefits and pleasure.