If I was being fair, I'd say somewhere between the two extremes. Although we on here would like to think we're in the connoisseur camp, there a hell of a lot of people - and those with money - who won't or don't buy B&O. I don't think I'd buy a BV7-40 (which I own), now, new, for the current UK RRP of just under £10K. The BS5 will be £4K after June the 1st, so you'd have to be real 'connoisseur' to justify that price.
However, sadly there is a big base of current B&O users who other users would regard as ignorant. These fall in to the tech-illiterate group, with high dispoable income, who tend to walk in to the store and simply ask the dealer to setup and manage the installation. Mind you, these people also have better things to do with their life, so whether they are really 'ignorant' or not is another matter. If they're making money and are successful, who really cares if they are 'ignorant' or not of their tech equipment.
I think this group of people will diminish from now and over time. The people who have made easy money from property (ie. most of the 40 and 50 year olds in Bath, it seems) over the last 15 years, won't be able to do the same thing so easily, going forward. Therefore people will be a little more wise with their money and the traditional B&O customerbase will have to shift with the products.
Yes I could have spent far far less and achieved just as much, but I'm generally pleased with my B&O equipment and I *am* tech literate. Speakers perform above expectations, equipment such as the BC2, BS4 and so on are impressive and I'm generally happy with the BV7 I bought a few years ago. I'm also happy paying to upgrade every 2-3 years.
The only problem or negative thought is the poor sw and sw support that I've received over the last couple of years and, more worrying, that my dealer doesn't want to do sw updates under warranty. I can understand cost-cutting, but when you own a £10K TV, you'd expect at least three or four sw updates over the lifespan of the TV. A top-notch B&O engineer can perform a sw upgrade in around 30 minutes.