Industry observers have long debated the ultimate fate of satellite broadcaster Sirius Radio. Front-runner XM Radio, with more than two million subscribers, is already above the break-even point, but for many months Sirius struggled against technical problems and overwhelming debt. Would the fledgling survive, get devoured by its larger competitor, or worse, get picked up in a fire sale by Rupert Murdoch's News Corp.?

The observation has been made, often and well, that audio writers are out of touch when it comes to judging value for money. For one thing, we get to live with exotic gear for months at a time, without spending a penny. For another, when we <I>do</I> decide on a more permanent upgrade, we usually get the opportunity to buy at wholesale&mdash;at a so-called "industry accommodation price," extended to us because, after all, we <I>are</I> a part of the industry.

The observation has been made, often and well, that audio writers are out of touch when it comes to judging value for money. For one thing, we get to live with exotic gear for months at a time, without spending a penny. For another, when we <I>do</I> decide on a more permanent upgrade, we usually get the opportunity to buy at wholesale&mdash;at a so-called "industry accommodation price," extended to us because, after all, we <I>are</I> a part of the industry.

The observation has been made, often and well, that audio writers are out of touch when it comes to judging value for money. For one thing, we get to live with exotic gear for months at a time, without spending a penny. For another, when we <I>do</I> decide on a more permanent upgrade, we usually get the opportunity to buy at wholesale&mdash;at a so-called "industry accommodation price," extended to us because, after all, we <I>are</I> a part of the industry.

One of my best friends is a serious jazz collector with a side interest in good replay gear. The last time we got together over a meal, he asked, "What do you think is <I>really</I> the most important component in an audio system?" He might have added "these days": It's a subject we come back to from time to time.

One of my best friends is a serious jazz collector with a side interest in good replay gear. The last time we got together over a meal, he asked, "What do you think is <I>really</I> the most important component in an audio system?" He might have added "these days": It's a subject we come back to from time to time.

One of my best friends is a serious jazz collector with a side interest in good replay gear. The last time we got together over a meal, he asked, "What do you think is <I>really</I> the most important component in an audio system?" He might have added "these days": It's a subject we come back to from time to time.

One of my best friends is a serious jazz collector with a side interest in good replay gear. The last time we got together over a meal, he asked, "What do you think is <I>really</I> the most important component in an audio system?" He might have added "these days": It's a subject we come back to from time to time.

One of my best friends is a serious jazz collector with a side interest in good replay gear. The last time we got together over a meal, he asked, "What do you think is <I>really</I> the most important component in an audio system?" He might have added "these days": It's a subject we come back to from time to time.