if I listen my own system, I can pick on the fact that at time it's harsh with sibilence on the 's'. However, is this the CD recording? The CD player that isn't as uptodate as some of the other equipment? The amplifier which is only budget? Or the speakers which aren't a well known brand? It was purely a question.
Each component in the chain will affect the sound, the most overlooked component being the actual listening environment and its acoustics. Apart from this, the component that offers the biggest opportunity for sound improvement is the loudspeaker. However, the amount of difference that a loudspeaker upgrade makes really depends on what level you are starting at. There are big gains to be had if starting from budget. I have not really had problems with sibilance in loudspeakers that pretend to be of good quality, even at entry level. Brand identity can be a guideline here, although it is no guarantee. To illustrate:
Many years ago a friend bought a music centre made by a certain unknown company that we today know as LG (though it was a different name then)*. He had ignored my advice of buying NAD components matched to the hi-fi speaker of the day (although he could undoubtedly afford them, he could not understand why they cost so much more). When I heard his music centre, I had to admit that it indeed sounded significantly better than I had predicted...
To finally answer your question, the way to find the weak(est) link in your system is to progressively swap out each component until the culprit is revealed, starting with the most suspicious. Right now, you can try and see if pushing your speakers right up against the rear wall reduces any of the harshness.
The next question comes from the fact that I once went to purchase a R3,000.00 CD player - linked to a R20,000 Krell power amplifier and R50,000.00 Wilson Benesch speakers. I thought if one does test a CD player in this league, then perhaps components should possibly be of a similar standard?
Maybe. It is easier to spot shortcomings in front end equipment if the rest of the system is of higher quality. The question is, though: would those shortcomings be noticeable in a system of similar value?
The last question is simply because I find it a little easier comparing etc if there was a summaries box, similar to CAR magazine. I don't need to read the review for a certain vital spec, such as power etc
AVSA did once have a little summary block that included "Also try..." that listed other equipment competing in the same bracket. I must say, though, that specifications (unless we are talking about features) have limited value. Your actual experience with the component is much more important, so let your ears be the judge. That being said, we do buy magazines for the purpose of getting informed guidance/opinion on where to start in our search.
*Edit: Ah, now I recall: it was
Goldstar