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Mastering engineer Denny Purcell let out a long sigh. "Does anyone in this room believe that any of this is going to do any good?" he asked. Of the eight or nine people&mdash;each with decades of experience in the music and/or audio industries&mdash;hanging out at Georgetown Masters Studios for SDMI's Phase II listening tests this past October, not one said "Yes." The consensus: the <A HREF="http://www.stereophile.com/asweseeit/2002awsi">watermarking issue</A> will probably be dead and forgotten within a year.

I've recently been rereading Mark Lane's and Donald Freed's 1970s screenplay <I>cum</I> novel, <I>Executive Action</I>, which develops the theory that John F. Kennedy was assassinated by a conspiracy between organized crime, expatriate Cuban Batistists, and Eisenhower's "military-industrial complex." Long predating Oliver Stone's <I>JFK</I>, the book is fascinating, convincing stuff, from authors who had done considerable research into what really happened in November 1963. But, like all conspiracy theories, it falls down on the hard rock of reality: the more people and organizations are involved in a conspiracy, the less likelihood there is of anything happening at all, let alone going according to plan.

Someone once said that if you build a better mousetrap, the world will beat a path to your door. Well, this month, we will see not one but <I>two</I> better mousetraps, in the form of Sony's and Philips' Super Audio CD and the DVD Forum's DVD-Audio. Both are intended to replace the humble CD, now in its seventeenth year; both offer higher-resolution digital audio; and both offer multiple channels. To accompany SACD, Sony's $5000 SCD-1 two-channel player is now on sale (and will be <A HREF="http://www.stereophile.com/digitalsourcereviews/180">reviewed</A&gt; in the November <I>Stereophile</I>), while Panasonic has announced October sale dates for two DVD-A players, the $1000 Panasonic DVD-A7 and the $1200 <A HREF="http://www.stereophile.com/digitalsourcereviews/300">Technics DVD-A10</A>.

"Do you have another DVD player?" asked Classic Records' Michael Hobson. As is usual in important demonstrations, Murphy's Law had struck with a vengeance. The prototype Muse DVD player Kevin Halverson had worked on most of the previous night was refusing to play the DVD Mike had placed in its tray.

As you can read in this month's "Industry Update" (pp.35 & 37), the two conglomerates who hitherto seemed driven to offer the world <I>two</I> competing standards for the forthcoming Digital Video Disc came to their senses. Instead of consumers being offered Toshiba/Warner/Matsushita's SD <I>and</I> Sony/Philips's MCD, there will be just one high-density 4.75" disc to take both video and audio data storage into the 21st century.

One of the most enduring obstacles confronting audio engineers has been how to generate powerful low bass without the need for large loudspeaker enclosures. It's been generally accepted that really effective low bass means moving large quantities of air, which in turn means large drivers in large cabinets. Large loudspeakers, unfortunately, don't meet the approval of many dcor-conscious homeowners. It's a longstanding problem for music lovers, home theater fans, and custom installers.

<I>"The idea that intellectual property in a Net-based economy can lose its value horrifies most owners and creators. They'd better get over it."&mdash;Esther Dyson, "Intellectual Value" </I>Wired<I>, July 1995, p.136</I>