For the seventh consecutive year, <I>Stereophile</I> has named a select few audio components the "Products of the Year." In doing so, we recognize those components that have proved capable of giving musical pleasure beyond the formal review period.

It had to happen eventually. Britain's internationally successful loudspeaker manufacturers tend to be highly geared exporters, with overseas markets often accounting for 80-90% of sales. The dramatic downturn in sales across virtually all Asian markets, alongside the collapse of the Russian ruble and an ever-strengthening pound sterling, has been making life very tough indeed.

We'd been playing phone tag for a couple of weeks, but Paul McGowan was finally tethered to a handset as he explained to me a product from his "new" company, the reincarnation of <A HREF="http://www.psaudio.com">PS Audio</A>. "Everything you've ever wanted in a power conditioner---times 10---with none of the drawbacks!" McGowan could hardly contain himself while pitching his latest brainstorm. He certainly had an intriguing idea, but the path from founder of PS Audio back in the late '70s to <A HREF="http://www.gen-tech.com">Genesis Technologies</A> and back again was nearly as interesting.

Is stadium rock pass&#233;? The Rolling Stones, the world's greatest practitioners of large-venue concerts, have announced a tour of smaller arenas beginning January 25. The "No Security" tour---in support of the recently released Virgin Records album of the same name---will take the band through 25 North American cities.

In the world of computer operating systems, you've got commercial products from Microsoft, Apple, Be, Sun, and others in one corner, and open-source products like Linux in the other. The commercial products are released to the public as finished products (at least until the next "bug fix" is ready), usually for a fee, and their core software code is protected much like the recipe for Coca-Cola. If you don't work for the company producing the official version, then it's hands off.

It's well known among designers of power amplifiers that the class-A and -A/B amplifiers (referred to as linear amplifiers) used in the majority of car, home, PC, and pro audio systems are notoriously inefficient. They can consume vast amounts of power and yet waste most of it---as much as 80% or more---as heat. They require large power supplies and massive heatsinks, which drive up system weight, size, and cost. On the other hand, class-D amplifiers, using Pulse Width Modulation switching technologies, have good power efficiency but sometimes questionable audio fidelity. (The Spectron designs are possibly the exceptions here.) Class-D amps are used mostly in battery-powered applications in which sound quality might be considered secondary to battery life.

Long the bane of finicky audiophiles, <I>Consumer Reports</I> magazine has been measuring just about anything sold in a store since 1936 in an effort to "test products, inform the public, and protect consumers." But when they get around to testing audio gear, the magazine's "lab" has become the target of many audio enthusiasts who don't share <I>CR</I>'s views on how to tell good sound from bad. In fact, part of the problem is that <I>CR</I> often reports that sound quality is not always the final factor in rating a product, with concerns about reliablity, ease of use, and fit and finish often skewing results.

One might think that the publisher of "The Largest Marketplace in the World for Audiophile Equipment" would have a vested interest in encouraging trading activity among his readers. One would think that such a publisher might take a neutral stance regarding fluctuations in the world market for used equipment. One would think that he would credit his readers with sufficient intelligence to decide for themselves whether any specific purchase, sale, or trade was a good deal.