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E<I>ditor's Note: This is Part Five of a six-part series from reader Herv&#233; Del&#233;traz of Switzerland, who is chronicling the development of his DIY (do-it-yourself) audio amplifier. Part One of the series is <A HREF="http://www.stereophile.com/news/10825/">here</A&gt;, Part Two is <A HREF="http://www.stereophile.com/news/10832/">here</A&gt;, Part Three is <A HREF="http://www.stereophile.com/news/10839/">here</A&gt;, and Part Four is <A HREF="http://www.stereophile.com/news/10844/">here</A>.</I&gt;

Choice is good, or so would go the common wisdom. But as John Atkinson points out in "<A HREF="http://www.stereophile.com//asweseeit/270/">The Crazy You Get from So Much Choice</A>," when applied to diapers and DVD-Audio, choice can quickly develop into a nightmare in which comsumers simply walk away from the shelves, unable to make a decision. Will DVD-Audio suffer such a fate?

We <A HREF="http://www.stereophile.com/news/10339/">reported last year</A> about the new direction that <A HREF="http://www.bang-olufsen.com/">Bang & Olufsen America</A> has taken in distributing its products: the company has recently opened a series of branded BOA stores around the US. The strategy seems to have paid off. The company reports increased sales of more than 60% in the first quarter of its current fiscal year, and claims that individual shops reported an average sales increase of 20%.

<B>CHARLES LLOYD: <I>The Water is Wide</I></B><BR> Charles Lloyd, tenor saxophone; Brad Mehldau, piano; John Abercrombie, guitar; Larry Grenadier, Derek Oleszkiewicz (one track), bass; Billy Higgins, drums<BR> ECM 1734 (CD). 2000. Manfred Eicher, prod.; Michael C. Ross, eng. AAD. TT: 68:29<BR> Performance <B>*****</B><BR> Sonics <B>*****</B>

Convergence. There, I've said it. I swore I wasn't going to use the "C" word, but when you're faced with writing about a product that smashes the boundaries between component categories as completely as the CardDeluxe does, you have little choice.

Audio Research's first 21st-century, audiophile-quality line-stage preamplifier combines retro-tech vacuum-tube amplification and power-supply circuitry with innovative, remote-controlled gain, balance, tape monitoring, and signal routing. The price is also 21st-century: $9995. As in ARC's Reference phono section, the Reference Two's pair of vertically mounted circuit boards results in a single, relatively tall chassis.

Assume that digital audio streaming will reach or exceed CD quality, and that you'll be able to hear anything you want to hear, any time of day or night. What would such a service be worth to you?