No product is mid-fi or hi-fi by virtue of his price tag alone for me...
High fidelity is refering to a recording translated in a determine acoustical way by some specific acoustic content and properties in a room , the components are only tool serving acoustic needs.. ...The components price tags means nothing alone ...
Soundfield is not created by price tag...
But once said all component design are not equal for sure and come with a price tag which is in a loose way and non linearly related to their design quality / potential S.Q. ...
What plague audiophile world is ignorance of acoustic... And faith in price tag of any "new" design for a so called upgrade...