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Echo.

When new formats started to appear to replace LPs, the first thing to be cut, at least in size, was the cover art. 8-tracks and cassettes viciously cropped the cover art and printed the liner notes with microscopic text.

Three reviews from January: First, Art Dudley gives us his take on the <A HREF="http://www.stereophile.com//amplificationreviews/759/">Final Laboratory Music-4 phono preamplifier, Music-5 line preamplifier, and Music-6 power amplifier</A>. Art writes, "Modern hi-fi is little more than a way of getting electricity to pretend that it's music."

Retailing can be a rough ride even in the best of times. In the current climate, it&rsquo;s especially hard for those trying to make a go of it with recorded music.

<A HREF="http://www.liquidaudio.com">Liquid Audio</A> has been under attack for most of its short life, first from competitors and then from <A HREF="http://www.stereophile.com/news/11144/">its own shareholders</A> and corporate raiders. But the tumultuous journey may finally be coming to an end as the company reports that it is settling some of its lawsuits and shareholder claims while selling its remaining assets.

The new year ushered in several significant personnel changes for the audio industry.

The word <I>chancellor</I> derives, believe it or not, from the Italian word for wooden latticework, <I>cancelli</I>. In the church architecture of sixth-century Rome, a latticework screen demarcated an area near the altar where deacons or priests would stand, waiting to assist the principal celebrant as needed. In English, this area became known as the <I>chancel</I>. In consequence, a trusted assistant came to be known as a <I>chancellor</I>. In the High Middle Ages, that title was given to the cleric who would correspond on behalf of and maintain the archives for an important churchman, such as a bishop.