Few music lovers who grew up in the 1950s and '60s could have failed to be influenced by torch singer Peggy Lee, who died of heart failure at her Bel Air home on Monday, January 21. Lee was 81 and had been in ill health for several years.

The most exciting development in audio today isn't multichannel surround, single-ended triodes, or $10,000 phono cartridges. It's "trickle down." I get buzzed when an audio designer known for cutting-edge multikilobuck designs claims to have a product that can produce 80% of the sonic realism of his flagship design at 50% of the cost. I get even more excited when he does it again&mdash;that is, produces a product that produces 64% of his flagship's performance at 25% of the cost. Designers who have successfully trickled-down their flagship technologies abound in all quarters of audiophilia, from electronics (<I>eg</I>, Audio Research, Conrad-Johnson) to speakers (Al&#243;n, ProAc) to cables (MIT).

The most exciting development in audio today isn't multichannel surround, single-ended triodes, or $10,000 phono cartridges. It's "trickle down." I get buzzed when an audio designer known for cutting-edge multikilobuck designs claims to have a product that can produce 80% of the sonic realism of his flagship design at 50% of the cost. I get even more excited when he does it again&mdash;that is, produces a product that produces 64% of his flagship's performance at 25% of the cost. Designers who have successfully trickled-down their flagship technologies abound in all quarters of audiophilia, from electronics (<I>eg</I>, Audio Research, Conrad-Johnson) to speakers (Al&#243;n, ProAc) to cables (MIT).

The most exciting development in audio today isn't multichannel surround, single-ended triodes, or $10,000 phono cartridges. It's "trickle down." I get buzzed when an audio designer known for cutting-edge multikilobuck designs claims to have a product that can produce 80% of the sonic realism of his flagship design at 50% of the cost. I get even more excited when he does it again&mdash;that is, produces a product that produces 64% of his flagship's performance at 25% of the cost. Designers who have successfully trickled-down their flagship technologies abound in all quarters of audiophilia, from electronics (<I>eg</I>, Audio Research, Conrad-Johnson) to speakers (Al&#243;n, ProAc) to cables (MIT).

The most exciting development in audio today isn't multichannel surround, single-ended triodes, or $10,000 phono cartridges. It's "trickle down." I get buzzed when an audio designer known for cutting-edge multikilobuck designs claims to have a product that can produce 80% of the sonic realism of his flagship design at 50% of the cost. I get even more excited when he does it again&mdash;that is, produces a product that produces 64% of his flagship's performance at 25% of the cost. Designers who have successfully trickled-down their flagship technologies abound in all quarters of audiophilia, from electronics (<I>eg</I>, Audio Research, Conrad-Johnson) to speakers (Al&#243;n, ProAc) to cables (MIT).

The most exciting development in audio today isn't multichannel surround, single-ended triodes, or $10,000 phono cartridges. It's "trickle down." I get buzzed when an audio designer known for cutting-edge multikilobuck designs claims to have a product that can produce 80% of the sonic realism of his flagship design at 50% of the cost. I get even more excited when he does it again&mdash;that is, produces a product that produces 64% of his flagship's performance at 25% of the cost. Designers who have successfully trickled-down their flagship technologies abound in all quarters of audiophilia, from electronics (<I>eg</I>, Audio Research, Conrad-Johnson) to speakers (Al&#243;n, ProAc) to cables (MIT).

Thousands upon thousands of new discs are released each year, yet only a select few made it to the top of the heap for <A HREF="http://www.stereophile.com//records2die4/496/">Records to Die For, 2001</A>, number 11 of the annual rite of passage for the <I>Stereophile</I> staff. Find out what music made the cut and why.

Vivendi Universal's <A HREF="www.umusic.com">Universal Music Group</A> will establish a settlement fund of approximately $4.75 million to pay royalties to as many as 300 artists and their heirs. The fund is the result of a lawsuit brought by torch singer Peggy Lee, who had accused the music giant of accounting improprieties reaching back as far as the 1940s.

Klein Technology Group and <A HREF="http://www.adcom.com">Adcom</A&gt; have announced an agreement for the sale of Adcom's consumer electronics business to Klein, according to a press release issued January 8, during the Consumer Electronics Show. The effective date of the merger will be February 15.