I admit, as much as I love a great deal of Chopin (no doubt heard it in the womb, or not long after), the Etudes hold an elevated place that can only be compared with Liszt (as they are quite different, yet from the same period). Chopin, Liszt and Wagner(!) were all born within 2-3 years of each other, and how wonderfully different their music evolved. Schubert, Mendelssohn and many others HAD to fill each others "shoes" (as they were all dying often before age 40).
Yet comparing Chopin's Etudes to Lizst's "Transcendental Etudes", really isn't fair, as Chopin really invented the "Artistic Etude", while almost simultaneously Liszt was creating a remarkably different form of, dare I say, Impressionistic Etudes.
I believe the more generalized Artistic Etude of Chopin influenced composers decades to come, while Listz's Etudes attempt to stand on their own, as show pieces, and in a separate realm from the style of Chopin. Ergo no blame, no gain...
L.