I guess I'm just spoiled. My very first album was a live album, Chicago at Carnegie Hall, which is known for being 100% live. No overdubs, no editing, no audience sweetening. And it sounds fucking fantastic. 1971. Another early one in my collection was Emerson Lake & Palmer's Welcome Back, My Friends... which also is 100% live. 1974. Sound quality is not as great, but it sounds like you're sitting in the audience, which to me is the point.
My buddies were into Kiss and Rush and more "normal" rock bands and their live albums had the crowd screaming the entire time, while the band is trying to talk, between songs, during the songs, basically all the time. I started to feel like okay, I must be really boring because if I were there, I'd rather everyone sit down and shut the fuck up so I could hear the concert, which is kinda the whole point, right? I found out later that Kiss and Rush and everyone else added all kinds of shit to their live albums and edited the hell out of them. Maybe I'm still the boring one, but I'd rather just hear the concert, and yeah, apparently I prefer bands that can actually play their songs live and not need to edit them or add a bunch of fake crowd noise to make it seem more exciting.