It's been a long year. Now it's time to party.

Each December since 1992, Stereophile has named a few special components its "Products of the Year." These are products that not only define the present audio landscape, but that we hope will someday be seen as classics—products you'll want to pass on to future generations of audiophiles and music lovers.

Coincident Speaker Technology was known until recently as Concentric Speaker Technology. Under that name they marketed a line of cylindrical speakers covered in leather. All of their previous offerings have been discontinued along with their former name; the Troubador ($1495/pair), a handsome two-way housed in an asymmetrical cabinet, is the first of their new line of speakers. A bass module/speaker support à la the Wilson Puppy is also offered. Coincident's speakers are designed by Israel Blume and are direct-marketed in the US. There's a 30-day money-back guarantee and a five-year warranty on parts and labor.