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Not in the HiFi world, it's always been considered (VERY) over priced and of relatively poor performance and quality, it's no coincidence that Bose advertise in 'Life Style' magazines and not HiFi magazines, nor do they ever have reviews done in the HiFi magazines (as poor as they are for reviews anyway).
Bose is usually said to stand for Buy Other Sound Equipment
To be fair though it does tend to have interesting facilties, and appeals to it's target market, where accurate and quality sound reproduction isn't a concern.
TBH, yes Bose home entertainment (probably a more accurate description) equipment leaves a lot ("no highs, no lows, must be a Bose") to be desired... but they also continue to make pro audio amplifiers which are good amplifiers. a few years ago i worked on one of their vintage receivers (from about 1980) which had an interesting feature, a servo connection to the speakers. basically it works like the sense wire on an open frame power supply, the amplifier feedback network takes it's feedback from the speaker terminals rather than internally to the amplifier. the effect is that the amplifier's low output impedance is present at the speaker terminals, and negates the wiring resistance between the amplifier and the speaker (it also has a tendency to easily pick up RF if you live within a couple of miles of an AM radio station). but their more recent home entertainment stuff is overpriced junk. they make very heavy use of "tricking the ear" with a DSP trick that uses mid-bass with some even harmonic distortion to make the brain think there's actually some real low frequency sound being reproduced.
as far as their pro-audio stuff goes, if you see one of their 1801 series amps for a good price, it's worth it. they are 900W/ch amplifiers, and very compact (i know the Series V amp actually fits in a 1U rack space). they also use XLR/quarter inch combo connectors on the inputs. if you see one of their classic model 1800 beasts, it's a good amp, but a bear to fix if a channel is blown.