I had an extended relative who had a quad turntable setup in his game room, but I don't know if the receiver was quad, and I don't think he ever got any quad records! I used to bug him for a demo and he never came through for me.
I agree that C-Quam was as good a choice as FM multiplexing. :

Multiplexing gives you that lovely multipath, while C-quam can generate all kinds of wonderful platform motion (like listening to a radio on a merry-go-round!). I'd have voted for Kahn / Hazeltine, but surprisingly, the FCC never saw fit to call me up and ask my opinion...
If you want to hear some amazing radio, go find a Carver TX-11a or 11b... I was never lucky enough to own one, but I demo-d one at Audio Advice back around 89-90. We were listening to stereo 1530, KXTD out of Wagoner... holy crud, guys... ignore that they were a CCM station... hearing that sound pour through in glorious, open, clean, hi-fidelity stereo was a religious experience! The sound took my breath away, and FM has sounded ugly to me ever since.
I've owned a Clarion AM stereo / cassette unit which did a decent job, one of those Sony rectangle things (with the AM stereo mode switch on the side, in case the station announced which system they were using) which was good, and still have a Radio Shack AM stereo tuner, which seems to have rolled off bass plus it drifts like CRAZY.
Today I listen mostly to my GE SuperRadio III, which at least has the benefit of very low distortion (your AM radio DOES add lots of distortion, & you don't realize it until you hear the SuperRadio) and wider bandwidth.
Even though you lose half an octave, I would think a radio compliant to the NRSC standard & with the low distortion characteristics of the SuperRadio, combined with (supposed) improvements to C-Quam and perhaps AMAX-certified noise blanking would have the potential (with good programming of course) to beat up on FM.
Price used to be a problem but I think the SuperRadio & C-Crane have proven cost is not a limiting factor. The SuperRadio was about 60 bucks for a good AM / FM table radio, while C-Crane is getting rich off of their high-dollar radios.
Digital radio certainly
could have sounded better than the best analog radio, AM or FM, but with the bitrate-limited system in place now, I'll take analog over "HD" (immaturely referred to by yours truly as "How Dumb") any day. It pains me to say it, but it looks like Europe got digital radio right.