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For the first time in the two years I've been living in this apartment building, I've received a noise complaint from a neighbor. Coincidence?

As it happened, yes it was a coincidence. True, my music was pretty loud, and the bass from the Piega Premium Wireless 701 loudspeaker system ($7495/pair) was anything but reticent, especially considering the tower's sleek appearance. But I was not the source of the specific noise that caused the complaint. That was the sloppy bass from another neighbor's inferior sound system. (The bass from this Piega system isn't sloppy.)

Alice Phoebe Lou: Live at Funkhaus Berlin
Alice Phoebe Lou, no catalog number. Auditioned as 24/44.1 FLAC stream, also available for download at Qobuz and streaming at 16/44.1 on Tidal. Vinyl can be purchased at merchbar.com. 2020. Alice Phoebe Lou, prod.; Paul Scheffler, Noah Georgeson, Zino Mikorey, engs.
Performance ****½
Sonics ***½

Nothing about Alice Phoebe Lou's musical career reflects industry norms. She maintains complete control over every aspect of her work, from creation to release. The result is always original and fascinating. Lou is at her best when she has an audience to connect with; this live performance is an ideal introduction to her powerful voice and courageous message.

Volti Audio's room at the 2020 Florida Audio Expo showcased the company's newest offering, the $20k/pair Rival Special Edition hybrid horn loudspeaker. With a custom cabinet and exotic Bubinga wood veneer, it easily counted among the best-looking loudspeakers I saw at the show. I also found the Rival SE's sound, powered by Border Patrol amplification, intoxicating. I placed it near the top of my shortlist for Best Sound at Show.

The two biggest sonic jolts I've experienced involving phono preamps were from two very different ones: the Petr Mares's Connoisseur 2.0 and Boulder's 2008, which was reviewed in the July 2002 Stereophile. The first was hand-built, single-ended, housed in a wooden case, limited to 100 units, and, when I got to hear it in the mid-1990s, cost around $6000, or about $10,000 in today's dollars. The other was a feature-laden, double-chassis monument to flexibility and surface-mount high technology. It featured beautifully finished, flush-mounted mirrored buttons your fingers just wanted to press.

This is the fifth year Stereophile has named a select few components as "Products of the Year." By doing so, we intend to give recognition to those components that have proved capable of giving musical pleasure beyond the formal review period.

If I've read it once in mainstream audio magazines, I've read it a hundred times: "The most important component in a system is the loudspeaker, because it is the loudspeaker that makes the sound." Putting aside the obvious illogic of this statement—that without other components in the playback chain, even the perfect loudspeaker can't make a sound—my experience is that it just is not so. Yes, it is true that changing from one loudspeaker to another makes the greatest overt changes in a system's sound.

Most audiophiles are aware of the modification and add-on aftermarket. A few have learned the hard way that modifier competence varies from primitive magic and sales hype to real engineering skill. Some modifiers are serious audiophiles who are also good technicians; others are scam artists whose only goal is to make a quick buck on the latest fad. If you have only a rudimentary understanding of electronics, you may not be able to make a distinction. Even the most jaded and battle-hardened among us can still be hooked and reeled in by a slick sales presentation.