I spoke with people working in hi-fi to get a sense for how the industry is evolving. Here's one way: Some companies at the market's higher end are eschewing the traditional distribution model, in which a domestic company serves as middleman for products from overseas, buying and reselling inventory to dealers and then providing support. In the newer model, distribution services are provided by the overseas manufacturing company itself, either directly or via a US subsidiary. Brinkmann, dCS, Estelon, Gryphon, and T+A employ variations on the model.

The year 1965 was turbulent, pivotal, and consequential. LBJ sent soldiers to the Dominican Republic, stepped into Vietnam with both feet, and signed laws expanding voting rights and creating Medicare and Medicaid. Antiwar protests gathered steam, Bob Dylan went electric, the Beatles played Shea Stadium, Sandy Koufax pitched a perfect game, and pioneering DJ Alan Freed died.

Summer 1959. The concert under the stars in the Wellfleet, Massachusetts, town parking lot was over. Pete Seeger was packing up his banjo as I approached him gingerly—I was 6 years old. I stuck out the notepad I'd been careful to bring. "Can I have your autograph?"

Towering over me, six-three to my three-eight, Seeger said in exasperation, if not outright coldness, "I don't give autographs. I'm not some goddamned star."

Terrified, I stood my ground.

Sometimes it's good to step outside your comfort zone. In fact, I relish new and novel experiences. It's a major reason I enjoy attending hi-fi shows and events: for the chance to see and hear new things—new hi-fi equipment, especially equipment that's groundbreaking or unusual.

My wife saw me putting on my new LP of Joni Mitchell's great For the Roses album and said: "Oh, our breakup album!" Never mind the confusing details—we're obviously still (or again) together—that's how intense the bonds are for many people with Joni's music: We people of a certain age set the clock of our lives by her recordings.

Tyler Chester was headed south on the I-5 to San Diego, where he would join indie-rock eminence Andrew Bird's road band for a brief tour. Touring is an activity Los Angeles–based Chester pursues with decreasing frequency, he told me in a recent phone chat. After years as a busy sideman and recording-session musician—he is equally proficient on bass, guitar, and keyboards—Chester finds himself spending less and less time as a player and more as a producer.