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Many rooms, such as Vanatoo's, where I snapped the above photo, had SRO crowds. Nor were those crowds limited to exhibits with low-priced products. MBL/UHA, Wilson/Audio Research, and MartinLogan/Parasound, to name but three higher-priced rooms that carried well-known brands, were mobbed. In addition, almost every attendee was respectful during demos, and refrained from the tendency to carry on private conversations. I only heard two cell phones go off in rooms, and no one blinded me by texting on a bright screen and then giving me attitude when I politely asked if they could turn it down. The respectfulness also applied to the exhibitors I encountered, who are sometimes so fried by Day Three that they ignore half the people who walk into their room.

As I began Day Three of the FAE, I was surprised to discover that I only had four rooms plus the sole hallway exhibit left to cover. With the realization that I could actually spend some time in the sun before flying home during the Pacific Northwest's most paralyzing Snowmaggedon episode in many a decade, I allowed myself to take more time in each room.

Q Acoustics was founded in the UK in 2006, but has appeared on the radar of US buyers only in the last few years. Until recently, Q has aimed its efforts at the budget sector, earning enthusiastic reviews and commercial success.

But during that time the company also been quietly working on a product considerably more upscale, though still affordable in a marketplace now glutted with products at if-you-have-to-ask prices. The result is the Concept 500 ($5999.99/pair), first seen in the UK in 2017 and recently made available here. But you won't find it at your local audio shop (if you still have one); in the US it's currently sold only online, through Q Acoustics' US website, with a 30-day, money-back guarantee that includes shipping costs—both ways.

Qobuz, the French subscription hi-rez streaming and download service, finally launches in the US today, right before the start of CanJam NYC. Qobuz not only offers more than 40 million tracks, over two million of which are said to be hi-rez, but also includes liner notes for many albums. The service has also secured partnerships that enable it to position Qobuz as the "official" streaming service of CanJam and other US high-end audio shows.

Is this report's title referring to sound, substance, or more than a bit of both? As you ponder the not-exactly-hidden nuances of this decidedly less-than-metaphysical tease, you may also wish that you could have experienced both and more in the room sponsored by Audio Advisors of Palm Beach, FL, headlined by Wilson Audio's Sasha DAW loudspeaker ($37,900/pair) and Audio Research's Ref 160M monoblocks ($30,000/pair), Ref 6 stereo preamplifier ($15,000), Ref Phono 3 phono preamp ($15,000), and Ref CD9 CD player/DAC ($14,000).

Without question, the 5th-floor room headlined by Joseph Audio Pulsar stand-mounted speakers ($7700/pair) and Doshi Audio's stereo amplifier ($19,995), line-level preamplifier ($17,995) and tape preamplifier ($17,995), connected by Cardas Clear and Clear Beyond cabling, earned its place on many an expo-goer's "Best Rooms of Show" list. Aided by an Aqua La Voce S3 DAC ($4750) and Innuos Zen Mk.3 server ($2600), the system stood out for the beauty of its midrange. I know I've mentioned the midrange a lot in these show reports, but you really needed to hear the glowing warmth of this one.

Vanatoo's two diminutive, bargain-priced self-powered speaker models were among the many excellent-sounding exhibits I encountered on the fifth floor of the Embassy Suites by Hilton Tampa Airport Westshore, during my second day at the Florida Audio Expo. Nor was I the only attendee to realize how good Vanatoo's speakers sounded: The Seattle-based company's Gary Gesellchen was DJing to a standing-room-only crowd when I arrived.