"An amusement park for the mind." That was how, some years ago, one engineer described the Audio Engineering Society's biannual conventions, which alternate between European and American venues. The 111th convention, subtitled "Advancing the Art of Sound," was held at the cavernous Jacob Javits Center on Manhattan's west side in early December. (It had originally been scheduled to take place last September, but was postponed for the obvious reason.)

At the Consumer Electronics Show in January 2001, Pioneer announced the US launch of the DV-AX10, the first of their long-awaited "universal" disc players, previously available only in Japan. Right out of the box, it plays SACD (two-channel only), DVD-Audio, DVD-Video, CD, and CD-R discs. For two-channel operation—which is exclusively how I examined it—and via its easy-to-navigate menus (footnote 1), I set the DV-AX10 to two channels as the default for all modes, including SACD. Except for hybrid discs, which I'll come to presently, the DV-AX10 is, blessedly, a set-it-and-forget-it machine.

At the Consumer Electronics Show in January 2001, Pioneer announced the US launch of the DV-AX10, the first of their long-awaited "universal" disc players, previously available only in Japan. Right out of the box, it plays SACD (two-channel only), DVD-Audio, DVD-Video, CD, and CD-R discs. For two-channel operation—which is exclusively how I examined it—and via its easy-to-navigate menus (footnote 1), I set the DV-AX10 to two channels as the default for all modes, including SACD. Except for hybrid discs, which I'll come to presently, the DV-AX10 is, blessedly, a set-it-and-forget-it machine.

At the Consumer Electronics Show in January 2001, Pioneer announced the US launch of the DV-AX10, the first of their long-awaited "universal" disc players, previously available only in Japan. Right out of the box, it plays SACD (two-channel only), DVD-Audio, DVD-Video, CD, and CD-R discs. For two-channel operation—which is exclusively how I examined it—and via its easy-to-navigate menus (footnote 1), I set the DV-AX10 to two channels as the default for all modes, including SACD. Except for hybrid discs, which I'll come to presently, the DV-AX10 is, blessedly, a set-it-and-forget-it machine.

At the Consumer Electronics Show in January 2001, Pioneer announced the US launch of the DV-AX10, the first of their long-awaited "universal" disc players, previously available only in Japan. Right out of the box, it plays SACD (two-channel only), DVD-Audio, DVD-Video, CD, and CD-R discs. For two-channel operation—which is exclusively how I examined it—and via its easy-to-navigate menus (footnote 1), I set the DV-AX10 to two channels as the default for all modes, including SACD. Except for hybrid discs, which I'll come to presently, the DV-AX10 is, blessedly, a set-it-and-forget-it machine.

At the Consumer Electronics Show in January 2001, Pioneer announced the US launch of the DV-AX10, the first of their long-awaited "universal" disc players, previously available only in Japan. Right out of the box, it plays SACD (two-channel only), DVD-Audio, DVD-Video, CD, and CD-R discs. For two-channel operation—which is exclusively how I examined it—and via its easy-to-navigate menus (footnote 1), I set the DV-AX10 to two channels as the default for all modes, including SACD. Except for hybrid discs, which I'll come to presently, the DV-AX10 is, blessedly, a set-it-and-forget-it machine.

At the Consumer Electronics Show in January 2001, Pioneer announced the US launch of the DV-AX10, the first of their long-awaited "universal" disc players, previously available only in Japan. Right out of the box, it plays SACD (two-channel only), DVD-Audio, DVD-Video, CD, and CD-R discs. For two-channel operation—which is exclusively how I examined it—and via its easy-to-navigate menus (footnote 1), I set the DV-AX10 to two channels as the default for all modes, including SACD. Except for hybrid discs, which I'll come to presently, the DV-AX10 is, blessedly, a set-it-and-forget-it machine.

At the Consumer Electronics Show in January 2001, Pioneer announced the US launch of the DV-AX10, the first of their long-awaited "universal" disc players, previously available only in Japan. Right out of the box, it plays SACD (two-channel only), DVD-Audio, DVD-Video, CD, and CD-R discs. For two-channel operation—which is exclusively how I examined it—and via its easy-to-navigate menus (footnote 1), I set the DV-AX10 to two channels as the default for all modes, including SACD. Except for hybrid discs, which I'll come to presently, the DV-AX10 is, blessedly, a set-it-and-forget-it machine.

Last year wasn't kind to UK entertainment conglomerate <A HREF="http://www.emigroup.com">EMI Group PLC</A>. On February 5, the company issued its second profit warning since September, blaming a slow market for recorded music. EMI is now predicting that pretax profits for the year ending March 31 will total $213.4 million (245.1 million euros, or &#163;150 million), far below analysts' predictions. The news caused an immediate 6.4% drop in the price of EMI shares on the London market.