The slippery slope established by the Telecommunications Act of 1996 could soon get much slipperier. Three major media conglomerates have teamed up to pressure the Federal Communications Commission to drop the remaining restrictions on the ownership of broadcasting stations.

NAD has been out there on the leading edge of entry-level high-end sound long enough that some audiophiles reckon they <I>invented</I> the category. Sure, we should give serious props to the likes of Creek, Rotel, Musical Fidelity, Arcam, Denon, and Parasound, all of which have made significant contributions to the musical aspirations of budget-conscious pilgrims. But I continue to harbor warm feelings about my last extended visit with an NAD component: the inexpensive yet supremely musical L40 CD Receiver, which I reviewed in the June 2000 <I>Stereophile</I>.

NAD has been out there on the leading edge of entry-level high-end sound long enough that some audiophiles reckon they <I>invented</I> the category. Sure, we should give serious props to the likes of Creek, Rotel, Musical Fidelity, Arcam, Denon, and Parasound, all of which have made significant contributions to the musical aspirations of budget-conscious pilgrims. But I continue to harbor warm feelings about my last extended visit with an NAD component: the inexpensive yet supremely musical L40 CD Receiver, which I reviewed in the June 2000 <I>Stereophile</I>.

NAD has been out there on the leading edge of entry-level high-end sound long enough that some audiophiles reckon they <I>invented</I> the category. Sure, we should give serious props to the likes of Creek, Rotel, Musical Fidelity, Arcam, Denon, and Parasound, all of which have made significant contributions to the musical aspirations of budget-conscious pilgrims. But I continue to harbor warm feelings about my last extended visit with an NAD component: the inexpensive yet supremely musical L40 CD Receiver, which I reviewed in the June 2000 <I>Stereophile</I>.

NAD has been out there on the leading edge of entry-level high-end sound long enough that some audiophiles reckon they <I>invented</I> the category. Sure, we should give serious props to the likes of Creek, Rotel, Musical Fidelity, Arcam, Denon, and Parasound, all of which have made significant contributions to the musical aspirations of budget-conscious pilgrims. But I continue to harbor warm feelings about my last extended visit with an NAD component: the inexpensive yet supremely musical L40 CD Receiver, which I reviewed in the June 2000 <I>Stereophile</I>.

NAD has been out there on the leading edge of entry-level high-end sound long enough that some audiophiles reckon they <I>invented</I> the category. Sure, we should give serious props to the likes of Creek, Rotel, Musical Fidelity, Arcam, Denon, and Parasound, all of which have made significant contributions to the musical aspirations of budget-conscious pilgrims. But I continue to harbor warm feelings about my last extended visit with an NAD component: the inexpensive yet supremely musical L40 CD Receiver, which I reviewed in the June 2000 <I>Stereophile</I>.

NAD has been out there on the leading edge of entry-level high-end sound long enough that some audiophiles reckon they <I>invented</I> the category. Sure, we should give serious props to the likes of Creek, Rotel, Musical Fidelity, Arcam, Denon, and Parasound, all of which have made significant contributions to the musical aspirations of budget-conscious pilgrims. But I continue to harbor warm feelings about my last extended visit with an NAD component: the inexpensive yet supremely musical L40 CD Receiver, which I reviewed in the June 2000 <I>Stereophile</I>.

Film sequels are a mixed blessing. If an action movie holds my attention, I can't wait to see the sequel: same characters, same actors, new adventures. And if the first film was successful, studios are more than willing to oblige. So <I>Jurassic Park</I> begat <I>The Lost World</I>, which begat <I>Jurassic Park III</I>. But the results are often unsatisfying.

Film sequels are a mixed blessing. If an action movie holds my attention, I can't wait to see the sequel: same characters, same actors, new adventures. And if the first film was successful, studios are more than willing to oblige. So <I>Jurassic Park</I> begat <I>The Lost World</I>, which begat <I>Jurassic Park III</I>. But the results are often unsatisfying.