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I have a passion for great speaker designs at affordable prices, and with modern driver, crossover, and cabinet technologies making innovative strides, many serious high-end speaker designers are turning their attentions to coming up with the next great budget speaker. All audiophiles need affordable speakers, whether to recommend to friends to lure them into our hobby or to set up multiple, less costly systems in our own houses. I currently run a main reference system, a vacation-house system, a recording-studio system, a computer system, a portable system I take to parties, a car system, <I>and</I> an office system. I insist on having music playing constantly, wherever I am, unless my wife or son tells me to turn it off&mdash;which happens increasingly often these days.

What's it take to compete on the bleeding edge of digital? Foresight, commitment of resources, and lots of money. Of course, it's <I>all</I> fundamentally about money, so we shouldn't be surprised that the audiophile's emotional needs aren't paid much respect by the large international manufacturing and marketing concerns stalking the earth today. Megaglom <I>vs</I> Cockroachacus. [<I>Sigh</I>] Where <I>are</I> those pesky miniature princess twins when you need 'em?

Having evaluated any number of integrated amplifiers in the past year or so, I've repeatedly been impressed by the ways in which designers build versatility and sonic distinction into their single-box designs. In matching those that sounded and measured the best&mdash;such as the tubed E.A.R. V20 (October 1999) and the solid-state <A HREF="http://www.stereophile.com//amplificationreviews/329/">Magnum Dynalab MD 208 receiver</A> (January 2001)&mdash;with appropriate speakers and source components, I was able to attain high-resolution musicality with a minimum of fuss. Crave high-end sound but require even less complexity? You could dispense with interconnects altogether by integrating a high-quality CD player into a remote-controlled receiver, as Linn has with the diminutive <A HREF="http://www.stereophile.com//digitalsourcereviews/307/">Classik</A&gt; that I reviewed last November.

As Michael Fremer puts it, "In analog, it's the little things that count, and Rega's upgrade of the basic Planar 3 design to the Planar 25 can only be described as visibly 'small.' But the sonic improvements I heard during my first encounter with the $1275 arm/'table combo were audibly <I>big</I>." Fremer takes a close look at and listen to the <A HREF="http://www.stereophile.com//analogsourcereviews/309/">Rega Planar 25 turntable</A> for <I>Stereophile</I> readers and attempts to reveal all of its secrets. Sam Tellig adds his two cents' worth.

According to the latest statistics from the <A HREF="http://www.ce.org">Consumer Electronics Association</A> (CEA), overall consumer electronics sales for 2000 posted gains of 7% over 1999, reaching $8 billion. However, overall audio sales at the end of 2000 dropped as compared with November 1999, declining 5%, with $854 million in revenues for the month. The CEA says that sales to dealers of separate audio components also declined in November dipping around 4% as compared to the same period in 1999, but overall, sales of separate audio components have had a positive year rising 7% to $1.4 billion in revenue thus far.

Price-fixing by major record labels isn't confined to the United States. The music industry's "Big Five" (Universal Music, Sony Music Entertainment, Warner Music Group, EMI Group PLC, and the Bertelsmann Music Group) are now under the scrutiny of European Union antitrust investigators, who are looking into the possibility that the companies may have colluded to keep CD prices artificially high in Europe. The Federal Trade Commission (FTC) and music industry agreed to <A HREF="http://www.stereophile.com/news/10744/">settle</A&gt; the American version of the issue in May 2000.

In a move that some cynics are calling "the beginning of the end" for the <A HREF="http://www.sdmi.org/">Secure Digital Music Initiative</A>, the group's director has abruptly resigned. Leonard Chiariglione, who has headed the cross-industry anti-piracy organization since its inception more than two years ago, made the announcement Wednesday, January 24 at the first SDMI meeting of 2001.