Agreed on pretty much all points. There is no "ultimate audio equipment piece" that is just perfect in all aspects, and the choice criteria are spread across both user preferences and specific use-cases as well.

I love the new airpods pro for my daily commute (subway, not a car; just clarifying before I get hammered down in replies for driving and using airpods at the same time), doubly so given their compactness+heavily improved ANC.

For home, I love my open-back Beyerdynamic DT1990Pro pair, due to the audio profile + insanely good physical comfort when worn for prolonged periods of time.

For gatherings with friends for when I need a somewhat-portable bluetooth speaker (that also happen to look good when sitting on a bookshelf outside of active use), I have a TE-OB4.

If I had a larger living space, I would consider getting a pair of high-quality speakers again too.

But there is not a single "this is it" piece of audio equipment that would just replace everything, so you gotta pick and choose your poison.