@theaudiohiffle This is true as far as it goes in reference to bass on any one particular recording. Playing a multitude of recordings over a relatively long period of time will expose tonal imbalances, non pleasing tonality will rear it's ugly head.
As for comparing to live, I'd suggest timbre is likely the only non variable we have for a reference. And even this problematic, what about amplification and sound reinforcement. And then we have synths and even analog instruments may have unique sound qualities, for example the woods used on any particular instrument, and this goes on and on. How about aural memory. I don't think many use live music as a reference anymore, home audio is far more about pleasing oneself.

