The system described in TFA costs substantially more than the gear used to record, mix and master probably at least half of the record collection. There are studios with insanely "high end" playback systems, but they are not common - the gear in most recording studios is very good, but any audiophile would find faults with it (whether they exist or not, heh).
And then there's Ye Olde RIAA equalization curve for vinyl, which is a complete abomination if you're going to view things through the lens "I want to hear exactly what was recorded" - you just never can, because the curve was applied when the vinyl master was created.