As most will know, fidelity comes from the latin, fidelis, for faithful. In the context of High Fidelity this has come to mean faithfulness to the original performance (some prefer to use the word 'source', but that can lead IMO to endless pointless discussions about tech. specs. of recording & transfer eqpt.) To my mind, if you consider it as coming as close as possible to one's emotional response to the original performance, then it has meaning for any system. I believe that it is fair to say that one's emotional response (involvement?) to (with) the music does vary according to one's system ~ the price of the system may have little relevance. Of course, how does one know what one's emotional response to the original performance was, if you've never heard the piece live or weren't in the studio? I look at it like this; I know just how emotionally I get involved at a great concert ~ the closer I can get to that response at home then the more faithful my system is.