YES, this is true! I was a little boy when this was first really starting to take foothold. And I remember well, my grandparents, and my parents, and their friends saying Japanese made was junk, etc! And back then, we still had "Made In NYC", let alone "Made In USA". Sadly, made In Japan did come to mean Better made than what we make! Detroit got it's ass kicked, now didn't they?
Wagner baby, JBL isn't dead, it is changing and for some the change is unacceptable! But, to me it's like anything else, UNLESS you find something you really like better, at some point you'll be back for more!
For some. though, you'll never buy another item labelled JBL ever again, you'se ell be the screamin mean 'ol SOB,s we have to use moderation on!