Before he left Stereophile for AudioQuest at the end of March 2014, Stephen Meijas asked Thinksound to send me the On1 closed-back heaphones. He thought I might like them.

Cool beans, Stephen. I do. These are among the nicest 'phones I've come across lately. List price is $299.99, but the street price—sometimes directly from Thinksound—is usually $249.99. You save an imaginary $50. That's $50 of your savings that you can share with me in Bitcoins.

Superphon's Revelation Basic preamplifier is made by Stan Warren, formerly the "S" of PS Audio, so it should come as no surprise that the Revelation Basic and the PS Audio Source sound much alike. The Revelation Basic sells for $399, assembled (no kit available). Like the Source, the Revelation has an outboard AC power transformer to minimize hum problems. But unlike the Source, the Revelation has dual volume controls (a pain) and lacks moving-coil capability.

Let's go back a few years. Well, more than a few, actually. The electronics end of high-end audio consisted of two companies—Marantz and McIntosh. If you were not up to shopping at their stratospheric price level—even though the industry hadn't yet invented components priced to compete with automobiles—you could always fall back on Dynaco, the poor man's high end in kit form. You hooked all this together with two-dollar connecting cables and 16-gauge zip cord purchased from the local electrical supply house, or—if you felt particularly flush—you'd spend a few (very few) bucks more at Fred's Stereo for the cables with the fancy molded plugs. Hoses were used for watering the lawns.

Hi-fi firms have begun in garages. The English Spendor company was started in a bathtub. Or was it a kitchen sink?

By days in the late 1960s and early 1970s, Spencer Hughes worked as part of the BBC's loudspeaker research team. Among other accomplishments, he helped develop the 5" midrange/woofer for the fabled LS3/5A loudspeaker.