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Howard Ferstler
 
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wrote:

I submit it's because people realized they had little to offer. They
never slammed products, they had few or no DIY projects and they always
repeated the new-is-best and the-authorities-are always-right lines.
Who wants to pay to read such tommyrot?


People have just lost interest in audio, a hobby that was
really on fire a few decades back.

These days, it is home theater that dominates. Just go down
to Best Buy or Circuit City for the proof. You will find
borderline high-end TV monitors in the 2 to 5 grand
categories. Yet, when you go over to the audio departments
in the same stores you will be lucky to find receivers or
speakers costing more than $400 and you will not find any
high-end gear at all.

Another reason is that all the really smart geeks have
switched to computers.

Howard Ferstler