Inneresting question Ira. Someday, I'm gonna actually do a distortion test to put this to bed once and for all.
Any audiophile grade amplifier would want total harmonic distortion levels to be in the .025% to .05% range or so. I don't think any would want to be above .1%. For example, my Marantz 2500 receiver rates 250wpc RMS into 8ohms @ .05% THD. My Pioneer SX-1980 rates 270wpc RMS into 8ohms @ .03% THD.
Now, the JVC RC-M70 is rated at 7.0 wpc RMC into 8ohms @ 10% total harmonic distorion. THAT'S TEN FRIGGIN PERCENT guys, compared to audiophile levels of .025% or 4000 percent higher. Yes, that is NO mistake, 4000 percent higher. The RC-M90 is even more deceptive NOT advertising it's FTC ratings. Rather, choosing to use the Music Power garbage rating. By my estimation, it's more like 9wpc into 8ohms @ 10% THD which is a dismal rating.
Now, it should be noted that even the Pioneer SX-1980 can produce significantly more distortion when powered higher than the rated power output. While it's rated at 270wpc, I have read of tests results where they can produce 300wpc before clipping. Needless to say, the distortion is rated at a particular power output so it's probably going to be higher. Nevertheless, few speakers would actually survive 270wpc and any amount of clipping at that point could just about blow the speakers to bits. In real life, we operate them at much more reasonable listening levels and anything above 10 to 20wpc (actual RMS) with efficient speakers is likely going to be painful on the ears. Literally.
If we were to listen to our boomboxes at lower listening levels, then distortion could be much lower. Which boombox will perform more like a hifi? Love to give you a single candidate answer but I really think it's going to be in the ear of the beholder. For me, what I'd like to look for in a boombox for audio quality purposes are:
(1) reasonable volume overhead at 1/2 or below on the volume dial. (higher than this often means higher distortion).
(2) responsive tonal controls for greater adjustability of tonal curve.
(3) features accessory inputs (what hifi wouldn't allow you to hook up a CD or other audio input device?)
(4) Crisp clear highs. Piezo tweeters need not apply.
(5) Good vocals. "Titanic" just wouldn't be the same without it.
(6) Decent bass. Almost too much to ask for in a small machine, but we can hope. At the very least, it shouldn't be muddy.
I'll chime in on sound quality analysis of different models at a later time. Detailed analysis at the current time would be beyond the scope of this thread and a total hijack.