Larry Archibald

By the time you read this, I will have been fortunate enough to have attended a banquet put on by Harry Pearson in celebration of The Abso!ute Sound's 20th anniversary. Stereophile and TAS may have had their disagreements from time to time, but I take this opportunity to congratulate Harry and his staff on 20 years of excellent high-end publishing. I believe it's not excessively immodest to report that high-end manufacturers frequently remind me of their gratitude for the healthy and vibrant high-end publishing community which exists in the United States—and does not in most other countries. Many publications make up this community, but Stereophile and TAS are certainly the most widely read.

I'd like to expand on the "expensive electronics/inexpensive speakers" discussion begun by John Atkinson in his Levinson No.26 & No.20 reviews. "Perhaps because it acts as a bottleneck on the signal," he wrote, "the quality of an amplifier or preamplifier is far more important than that of a loudspeaker when it comes to preserving or destroying the musical values of the signal. This would appear to be heresy in the US where, to judge by the letters I receive, large, complicated, expensive loudspeaker systems are often driven by relatively inexpensive, modestly performing electronics, the rationale behind this being that, to quote one correspondent, 'It is the loudspeakers that produce the sound, therefore they are where the majority of the budget should be allocated.'"