alt Hacker NewsEarphones are forgoing the outer parts of your ears and skull.
Speakers don't; a "good" speaker setup with eyes closed and no wind/perceptible airflow and no smell and truthful thermal radiation surroundings is effectively indistinguishable from the real place.
Like, literally.
It's not _possible_ with earphones because you can't not feel their presence without being numb on a good bit of your head.
Tangent, but I found that a bass shaker / transducer massively improved my speaker experience without requiring a subwoofer. I built the subwoofer first, but it would annoy everyone around me and it was really spotty depending on its location, the exact layout of the room, etc. Slapped a bass shaker underneath me and it really completes the experience without annoying everybody else.