No magazine can help but concentrate on the present, and tend to downplay what happened in the irretrievable past as being less important than the new and the exciting. I instituted Stereophile's annual "Products of the Year" feature in 1992, therefore, to give recognition to those components that had proved capable of giving pleasure beyond the formal review period.

This is the third year we have given awards. There are six individual categories: "Loudspeakers" (including subwoofers); "Amplification Components" (preamplifiers, power amplifiers, etc.); "Digital Sources" (CD players, transports, D/A processors); "Analog Sources" (phono cartridges, turntables, tonearms, FM tuners, etc.); "Home Theater Components" (other than video, which we don't cover); and "Accessories" (everything else).

On Friday, November 22, from 4–9pm, at Audio Advisors in West Palm Beach, Florida, Peter McGrath of Wilson Audio will be demonstrating the WAMM Master Chronosonic with the WAMM Master Subsonic Subwoofers.