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Ever the audio expert, and always the music lover, Philip O'Hanlon of On a Higher Note distribution managed to produce enough top end in his smaller, mood-lit room to go a long way toward compensating for the ground floor's acoustically-generated grayness. Baritone Matthias Goerne's voice sounded very warm and simply gorgeous, as did a cut from Illinois Jacquet's fabulous Birthday Party LP. Images were huge and deep, with surprisingly profound bass.

Hands down, the most impressive full-range system I encountered during my first hours in T.H.E. Hilton on Day 2 of T.H.E. Show Newport Beach was jointly sponsored by Synergistic Research and Scott Walker Audio of Anaheim. Held in the freezing Crystal Ballroom, which definitely called for hot music as an antidote to potential hyperthermia, the system paired Magico Q7 loudspeakers ($185,000/pair), VAC's Master Signature preamp w/phono ($40,000) and State monoblocks ($78,000/pair) with an unidentified computer audio/music server set-up and unauditioned Kronos Sparta turntable with arm ($28,000) and Sonorus ATR open-reel machine ($17,500).

Entering the first of four rooms sponsored by Brian Berdan's Audio Element of Pasadena felt like coming home. Not only was I among familiar friends—Wilson Audio Sasha Series 2 loudspeakers ($29,950/pair); mighty VTL Siegfried Reference monoblocks Series II ($65,000/pair), accompanied by VTL's TL-7.5 Reference line preamplifier Series III ($25,000) and TP-6.5 Signature phono stage ($12,000); dCS four-stack, state-of-the-art Vivaldi Digital Playback System ($108,996 total); Transparent Opus MM and Reference cables ($105,500 total); Grand Prix Audio Silverstone 4-shelf Isolation system ($19,175), Monaco-5 shelf Isolation system ($8400), and Formula Platforms ($6900); Audience AdeptResponse aR12TSS power conditioner ($11,545); and, a bit less familiar, Grand Prix Audio Monaco 1.5 turntable ($23,500) with new Tri-Planar SE tonearm ($7500) and luscious Lyra Etna cartridge ($6995)—but I also finally heard a quality of musical presentation that decades upon decades of attending live performance have led me to hunger for.

When I began my journey into audiophilia, I was in awe of the Audio Research Corporation's flagship SP preamplifiers. As I sat there in the early 1980s with my modest Apt Holman preamp, all of my friends had ARC SP6Bs. By today's standards, the SP6B was colored, did not portray a realistic soundstage, and lacked sufficient gain to amplify the low-output moving-coil cartridges of the day. But it had an intimacy in the midrange that was intoxicating. (Still considered a classic design by many, the SP6B's price on the used market has remained virtually unchanged for 30 years.) Then, still in the early '80s, ARC raised the bar with the SP-10 ($3700). It had 15 tubes and an outboard power supply, and set a new standard for delicacy, drama, and authority. (John Atkinson still has the SP10 he bought in 1984.)

Audiophiles spend a lot of time thinking about the law of diminishing returns. We'd all agree that spending $1000 to replace an iPhone and generic earbuds with one of Stephen Mejias's "Entry Level" systems is in the early, steep part of the curve: a huge jump in performance for relatively small investment. We'd also agree, or at least suspect, that after you've spent that $1000, the curve gets a lot flatter. What we don't agree on is the shape of the curve between these points. The ideal situation is to find the knee: the point at which the curve's slope changes dramatically. At the knee, we've gotten most of what we want, and the next increment of performance improvement is disproportionally expensive.

Before there were jam bands, before the term even existed in fact, there was a fabulous, funky assemblage called Little Feat.

For Jason Victor Serinus, one of the highlights of the 2013 T.H.E. Show in Newport Beach, California, was the public debut of the Sopranino—a horn-loaded, self-polarized, electrostatic supertweeter from EnigmAcoustics. In his report, Jason wrote about the sound of a pair of Sopraninos used atop Magico V3 speakers: "only folks with severe hearing loss would have missed how the sound opened up when the Sopranino was switched in." Well, as you can read later, I don't have hearing loss, and I did also hear an improvement with the Sopranino. So when I visited the Californian company's dem room at the 2014 Consumer Electronics Show, in Las Vegas, I asked for review samples.