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#1
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The following paper provides scientific evidence for the idea that spending
lots of money makes people have more favorable perceptions about the objects that they lavish their cash on: http://www.pnas.org/content/105/3/1050.abstract "Despite the importance and pervasiveness of marketing, almost nothing is known about the neural mechanisms through which it affects decisions made by individuals. We propose that marketing actions, such as changes in the price of a product, can affect neural representations of experienced pleasantness. We tested this hypothesis by scanning human subjects using functional MRI while they tasted wines that, contrary to reality, they believed to be different and sold at different prices. Our results show that increasing the price of a wine increases subjective reports of flavor pleasantness as well as blood-oxygen-level-dependent activity in medial orbitofrontal cortex, an area that is widely thought to encode for experienced pleasantness during experiential tasks. The paper provides evidence for the ability of marketing actions to modulate neural correlates of experienced pleasantness and for the mechanisms through which the effect operates." More specifically, the authors took 20 volunteers, fed them wine, and did not let them know if they were tasting a $10 wine or a $90 wine. When they were told they were drinking the $90 wine, the fMRI recorded higher levels of activity in the part of the brain associated with pleasure. This happened regardless of which wine they drank. The application of this paper to audiophilia is pretty obvious. A mechanism has been identified in the human brain that causes people to perceive more pleasure from products whose only difference from other products is that they simply cost a great deal more. |
#2
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On Fri, 26 Dec 2008 08:37:02 -0800, Arny Krueger wrote
(in article ): The following paper provides scientific evidence for the idea that spending lots of money makes people have more favorable perceptions about the objects that they lavish their cash on: http://www.pnas.org/content/105/3/1050.abstract "Despite the importance and pervasiveness of marketing, almost nothing is known about the neural mechanisms through which it affects decisions made by individuals. We propose that marketing actions, such as changes in the price of a product, can affect neural representations of experienced pleasantness. We tested this hypothesis by scanning human subjects using functional MRI while they tasted wines that, contrary to reality, they believed to be different and sold at different prices. Our results show that increasing the price of a wine increases subjective reports of flavor pleasantness as well as blood-oxygen-level-dependent activity in medial orbitofrontal cortex, an area that is widely thought to encode for experienced pleasantness during experiential tasks. The paper provides evidence for the ability of marketing actions to modulate neural correlates of experienced pleasantness and for the mechanisms through which the effect operates." More specifically, the authors took 20 volunteers, fed them wine, and did not let them know if they were tasting a $10 wine or a $90 wine. When they were told they were drinking the $90 wine, the fMRI recorded higher levels of activity in the part of the brain associated with pleasure. This happened regardless of which wine they drank. The application of this paper to audiophilia is pretty obvious. A mechanism has been identified in the human brain that causes people to perceive more pleasure from products whose only difference from other products is that they simply cost a great deal more. In some cases, this is true but some expensive things are better, and are expensive simply because quality COSTS MONEY. This is especially true with furniture and wine and to a certain extent, sports cars A Ferrari really is worth the money they ask for it, for instance. On the other hand, a Rolex is not measurably a better watch than a quality Seiko (in fact if the Seiko is a quartz mechanism and the Rolex is mechanical, I'll guarantee you that the Seiko is measurably better). \ But things that are hard to quantify suffer from the populist notion that if one fails to be able to see, hear, feel or taste the quality outright, then one can rely on cost to separate the wheat from the chaff and it just ain't so. |
#3
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Arny Krueger wrote:
The following paper provides scientific evidence for the idea that spending lots of money makes people have more favorable perceptions about the objects that they lavish their cash on: http://www.pnas.org/content/105/3/1050.abstract snipped The application of this paper to audiophilia is pretty obvious. A mechanism has been identified in the human brain that causes people to perceive more pleasure from products whose only difference from other products is that they simply cost a great deal more. So now, all we have to do is convince people that price is the *only* difference ![]() A somewhat related link on how we choose in life. Hilariously funny but also serious. OT because speakers are mentioned ![]() http://www.ted.com/index.php/talks/d...happiness.html |
#4
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In article ,
Sonnova wrote: *snips* In some cases, this is true but some expensive things are better, and are expensive simply because quality COSTS MONEY. This is especially true with furniture and wine and to a certain extent, sports cars A Ferrari really is worth the money they ask for it, for instance. On the other hand, a Rolex is not measurably a better watch than a quality Seiko (in fact if the Seiko is a quartz mechanism and the Rolex is mechanical, I'll guarantee you that the Seiko is measurably better). \ When I bought my Rolex Submariner Date (more than 35 years ago) the Seiko dive watches were leaking in the deep end of the training pool. The Rolex looks like new, and the Seiko's are nothing but piles of rust and garbage. Try another analogy. Greg |
#5
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On Sat, 27 Dec 2008 08:41:54 -0800, Greg Wormald wrote
(in article ): In article , Sonnova wrote: *snips* In some cases, this is true but some expensive things are better, and are expensive simply because quality COSTS MONEY. This is especially true with furniture and wine and to a certain extent, sports cars A Ferrari really is worth the money they ask for it, for instance. On the other hand, a Rolex is not measurably a better watch than a quality Seiko (in fact if the Seiko is a quartz mechanism and the Rolex is mechanical, I'll guarantee you that the Seiko is measurably better). \ When I bought my Rolex Submariner Date (more than 35 years ago) the Seiko dive watches were leaking in the deep end of the training pool. The Rolex looks like new, and the Seiko's are nothing but piles of rust and garbage. Try another analogy. Greg I'll stick with the Rolex/Seiko analogy: 1) This isn't 35 years ago, its now. 2) No mechanical watch is ever as MEASURABLY good as a quartz watch (which you will note, I was careful to say MEASURABLY). 3) I own two Breitlings. A Breitling Bentley and a Breitling Emergency. The wholly mechanical Bentley is beautifully made but doesn't keep as good time as the quartz Emergency. |
#6
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"Sonnova" wrote in message
On Fri, 26 Dec 2008 08:37:02 -0800, Arny Krueger wrote (in article ): The application of this paper to audiophilia is pretty obvious. A mechanism has been identified in the human brain that causes people to perceive more pleasure from products whose only difference from other products is that they simply cost a great deal more. In some cases, this is true but some expensive things are better, and are expensive simply because quality COSTS MONEY. Totally agreed but with caveats. The most obvious caveat is that while more quality often costs more money, but spending more money is no guarantee of greater quality. Another caveat is that the cost of adding quality varies quite strongly depending on other circumstances. A better statement might be that all other things being equal, more quality generally costs more money. This is especially true with furniture and wine and to a certain extent, sports cars A Ferrari really is worth the money they ask for it, for instance. That would be a matter of personal values. If someone gave me a Ferrari, I would immediately resell it. Not that I don't like sleek, fast cars, but its not worth that much money to me to have a sleek, fast car like a Ferrari. The Ferrari isn't worth to me the money that it costs, or that I could resell it for. I might spend some of the money on a better stereo. ;-) |
#7
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In article ,
Sonnova wrote: On Sat, 27 Dec 2008 08:41:54 -0800, Greg Wormald wrote (in article ): In article , Sonnova wrote: *snips* In some cases, this is true but some expensive things are better, and are expensive simply because quality COSTS MONEY. This is especially true with furniture and wine and to a certain extent, sports cars A Ferrari really is worth the money they ask for it, for instance. On the other hand, a Rolex is not measurably a better watch than a quality Seiko (in fact if the Seiko is a quartz mechanism and the Rolex is mechanical, I'll guarantee you that the Seiko is measurably better). \ When I bought my Rolex Submariner Date (more than 35 years ago) the Seiko dive watches were leaking in the deep end of the training pool. The Rolex looks like new, and the Seiko's are nothing but piles of rust and garbage. Try another analogy. Greg I'll stick with the Rolex/Seiko analogy: 1) This isn't 35 years ago, its now. 2) No mechanical watch is ever as MEASURABLY good as a quartz watch (which you will note, I was careful to say MEASURABLY). 3) I own two Breitlings. A Breitling Bentley and a Breitling Emergency. The wholly mechanical Bentley is beautifully made but doesn't keep as good time as the quartz Emergency. Like hi-fi, it all depends on what you are MEASURING! You certainly aren't measuring longevity. :-). I would agree that a good quartz Seiko is probably more accurate than the Rolex (or Breitling) when both are in good nick, but in neither looks (IMO), nor status, nor durability is it anywhere close to a match. I know which ones I'd trust my life to--and have done so below 180 feet in the open sea. This is why we need to be very clear and accurate (!) about what we say when we claim "better", in many areas--not just watches and hi-fi. Greg |
#8
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On Sun, 28 Dec 2008 08:46:46 -0800, Arny Krueger wrote
(in article ): "Sonnova" wrote in message On Fri, 26 Dec 2008 08:37:02 -0800, Arny Krueger wrote (in article ): The application of this paper to audiophilia is pretty obvious. A mechanism has been identified in the human brain that causes people to perceive more pleasure from products whose only difference from other products is that they simply cost a great deal more. In some cases, this is true but some expensive things are better, and are expensive simply because quality COSTS MONEY. Totally agreed but with caveats. The most obvious caveat is that while more quality often costs more money, but spending more money is no guarantee of greater quality. Agreed. Another caveat is that the cost of adding quality varies quite strongly depending on other circumstances. And often it's a case of diminishing returns. Small improvements in quality at huge price increases. Does a $25,000 Mark Levinson Amplifier sound better than a $200 Behringer A500 of similar power? Perhaps, under some circumstances, but is that difference WORTH $24, 800? A better statement might be that all other things being equal, more quality generally costs more money.\\ Agreed. This is especially true with furniture and wine and to a certain extent, sports cars A Ferrari really is worth the money they ask for it, for instance. That would be a matter of personal values. If someone gave me a Ferrari, I would immediately resell it. Not that I don't like sleek, fast cars, but its not worth that much money to me to have a sleek, fast car like a Ferrari. Irrelevant. Ferraris are very well made. For instance, their chassis are all aluminum and are anodized against corrosion. The bodies are dipped in corrosion protection and then the paint primer is a POWDER coat. The interiors are all premium, hand-stitched leather. The engines are made with Swiss-watch like precision and attention to detail from the finest materials. These processes and choices of materials as well as others like them cost a lot more money than the processes and materials used in lesser cars. That's why they cost so much. Whether that quality, or the performance that it engenders is important to you or me is not the point. The point is that the cars are really quality products and the price they charge for them is justified by the manufacturing costs. The Ferrari isn't worth to me the money that it costs, or that I could resell it for. I might spend some of the money on a better stereo. ;-) That's your choice. And as much as I admire Ferraris, it would likely be mine as well. No sense owning a car that I couldn't afford to maintain, so if someone gave me one (or if I won one in a raffle) i'd likely do as you would and turn around and sell it. But that has nothing to do with its intrinsic worth. |
#9
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On Dec 28, 7:46*pm, "Arny Krueger" wrote:
That would be a matter of personal values. If someone gave me a Ferrari, I would immediately resell it. Not that I don't like sleek, fast cars, but its not worth that much money to me to have a sleek, fast car like a Ferrari. The Ferrari isn't worth to me the money that it costs, or that I could resell it for. I might spend some of the money on a better stereo. ;-) So, your original post was nothing but another troll? No surprise there. Keeping in mind that the point of diminishing returns on High-End stereo is reached pretty quickly in all things except, perhaps, speakers. But there are those who have no problem at all spending large amounts of money on cars, houses, electronics, jewelry and many other items if only because they can. And the value they realize is theirs alone to discern - it is their money after all. I will laugh at those who purchase 2" catenary poles for their speaker wire, but I will never dispute their right to purchase such silliness. And I might take the maker of such items to task for ripping off their customers - but the customers keep coming. So, other than belaboring the obvious once again, Arny, what else is new? Peter Wieck Melrose Park, PA |
#10
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Sonnova wrote:
: In some cases, this is true but some expensive things are better, and are : expensive simply because quality COSTS MONEY. But the converse -- that high cost leads to high quality -- is not true, and is what the article Arny cited addresses. This is especially true with : furniture and wine and to a certain extent, sports cars A Ferrari really is : worth the money they ask for it, for instance. Nah, poor example. They're ugly to a large proportion of the population, they can't be driven on regular roads unless they are extremely well maintained (super low ground clearance -- can't go over a pothole), they're hard to handle, mechanically unreliable, they are uncomfortable in the extreme to sit in, etc. They're niche cars for middle aged rich guys of a certain temperament and aesthetic sensibility (what I think of as the large-scale Hotwheels crowd). By most peope's standards they're plain lousy cars. There's any number of cars which beat Ferraris on comfort, looks, reliability, and driving pleasure, for vastly less money. -- Andy Barss |
#11
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"Peter Wieck" wrote in message
On Dec 28, 7:46 pm, "Arny Krueger" wrote: That would be a matter of personal values. If someone gave me a Ferrari, I would immediately resell it. Not that I don't like sleek, fast cars, but its not worth that much money to me to have a sleek, fast car like a Ferrari. The Ferrari isn't worth to me the money that it costs, or that I could resell it for. I might spend some of the money on a better stereo. ;-) So, your original post was nothing but another troll? No surprise there. Non sequitor. Keeping in mind that the point of diminishing returns on High-End stereo is reached pretty quickly in all things except, perhaps, speakers. Then we agree on the basics. But there are those who have no problem at all spending large amounts of money on cars, houses, electronics, jewelry and many other items if only because they can. Where I come from we call them "new rich". And the value they realize is theirs alone to discern - it is their money after all. Agreed, and now we even have a scientific paper that gives some insight to where their thinking comes from. I will laugh at those who purchase 2" catenary poles for their speaker wire, but I will never dispute their right to purchase such silliness. Now will I, and I've seen plenty of this exact thing, up front and personal. And I might take the maker of such items to task for ripping off their customers - but the customers keep coming. When people are lied to, we can only fault them for not detecting the lie. So, other than belaboring the obvious once again, Arny, what else is new? The fact that some people can agree on the basics, and still figure out how to be disagreeable. ;-) |
#12
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Peter Wieck wrote:
On Dec 28, 7:46?pm, "Arny Krueger" wrote: That would be a matter of personal values. If someone gave me a Ferrari, I would immediately resell it. Not that I don't like sleek, fast cars, but its not worth that much money to me to have a sleek, fast car like a Ferrari. The Ferrari isn't worth to me the money that it costs, or that I could resell it for. I might spend some of the money on a better stereo. ;-) So, your original post was nothing but another troll? No surprise there. Keeping in mind that the point of diminishing returns on High-End stereo is reached pretty quickly in all things except, perhaps, speakers. That's certainly not the line put forth by the 'high-end' 'mainstream', such as it is -- Stereophile, TAS, and their associates and fans...who maintain much the opposite: that your claim above is only true for those *whose ears aren't good enough*. -- -S I know that most men, including those at ease with problems of the greatest complexity, can seldom accept the simplest and most obvious truth if it be such as would oblige them to admit the falsity of conclusions which they have proudly taught to others, and which they have woven, thread by thread, into the fabrics of their life -- Leo Tolstoy |
#13
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On Dec 29, 11:53*am, Steven Sullivan wrote:
That's certainly not the line put forth by the 'high-end' 'mainstream', such as it is -- Stereophile, TAS, and their associates and fans...who maintain much the opposite: that your claim above is only true for those *whose ears aren't good enough*. Of course not. And one may manufacture equipment with solid-silver wire (or even stranded solid silver wire), forged castings instead of stampings, glass wire-&-post boards, screened and matched mil-spec. components and much more to enhance build-quality. Some are even willing to pay for just that knowing full-well that the actual effect on the sound coming out is minimal-if-at-all (crappy components can have physical aspects that affect sound such as poor solder joints or corrosion). In point of fact, when I make repairs, I screen the parts going in to match across channels and be within 1% of 'spec.' because I can even if no discernable difference is made - takes almost no more time do do so. The actual components are cheap enough at that level of quality as I am purchasing in lots of 5 to 20, not by the thousands (I also avoid Boutique Caps such as Auricaps and their ilk - their benefits do not begin to match their cost at any level at all). The psychology of all this is very old news indeed. Bringing it here is naught but a troll. Peter Wieck Melrose Park, PA |
#14
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"Steven Sullivan" wrote in message
... Peter Wieck wrote: On Dec 28, 7:46?pm, "Arny Krueger" wrote: That would be a matter of personal values. If someone gave me a Ferrari, I would immediately resell it. Not that I don't like sleek, fast cars, but its not worth that much money to me to have a sleek, fast car like a Ferrari. The Ferrari isn't worth to me the money that it costs, or that I could resell it for. I might spend some of the money on a better stereo. ;-) So, your original post was nothing but another troll? No surprise there. Keeping in mind that the point of diminishing returns on High-End stereo is reached pretty quickly in all things except, perhaps, speakers. That's certainly not the line put forth by the 'high-end' 'mainstream', such as it is -- Stereophile, TAS, and their associates and fans...who maintain much the opposite: that your claim above is only true for those *whose ears aren't good enough*. What a BS strawman!! Please quote *any* text along with professional source data from either of those mags that shows them saying anything remotely like what you profess above....that diminishing returns only set in quickly if an audiophile's ears are'nt good. Please, I'm serious....this kind of strawman slander has gone on too long in this forum! |
#15
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"Harry Lavo" wrote in message
"Steven Sullivan" wrote in message ... Peter Wieck wrote: On Dec 28, 7:46?pm, "Arny Krueger" wrote: That would be a matter of personal values. If someone gave me a Ferrari, I would immediately resell it. Not that I don't like sleek, fast cars, but its not worth that much money to me to have a sleek, fast car like a Ferrari. The Ferrari isn't worth to me the money that it costs, or that I could resell it for. I might spend some of the money on a better stereo. ;-) So, your original post was nothing but another troll? No surprise there. Keeping in mind that the point of diminishing returns on High-End stereo is reached pretty quickly in all things except, perhaps, speakers. That's certainly not the line put forth by the 'high-end' 'mainstream', such as it is -- Stereophile, TAS, and their associates and fans...who maintain much the opposite: that your claim above is only true for those *whose ears aren't good enough*. What a BS strawman!! Please quote *any* text along with professional source data from either of those mags that shows them saying anything remotely like what you profess above....that diminishing returns only set in quickly if an audiophile's ears are'nt good. "any text", Harry? Here's the results of my first search: http://www.stereophile.com/amplifica...0/index13.html "Admittedly, this 211-based, single-ended amplifier is not a stellar test-bench performer. Yet, equipped only with a sophisticated integrated test and evaluation system (ie, two ears), any audiophile worth his or her salt should have no problem discerning the 805's magic." Most significant words: "...any audiophile worth his or her salt should have no problem discerning the 805's magic." Since any amplifier using an 805 (s) would have a premium price, the clear meaning is that diminishing returns related to premium priced amplifiers set in quickly only if an audiophile's ears aren't "worth his or her salt". IOW, as you said it Harry, their "ears aren't good". Please, I'm serious....this kind of strawman slander has gone on too long in this forum! It would appear that calling a true claim "strawman slander" is a bit of slander in its own right. |
#16
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"Arny Krueger" wrote in message
... "Harry Lavo" wrote in message "Steven Sullivan" wrote in message ... Peter Wieck wrote: On Dec 28, 7:46?pm, "Arny Krueger" wrote: That would be a matter of personal values. If someone gave me a Ferrari, I would immediately resell it. Not that I don't like sleek, fast cars, but its not worth that much money to me to have a sleek, fast car like a Ferrari. The Ferrari isn't worth to me the money that it costs, or that I could resell it for. I might spend some of the money on a better stereo. ;-) So, your original post was nothing but another troll? No surprise there. Keeping in mind that the point of diminishing returns on High-End stereo is reached pretty quickly in all things except, perhaps, speakers. That's certainly not the line put forth by the 'high-end' 'mainstream', such as it is -- Stereophile, TAS, and their associates and fans...who maintain much the opposite: that your claim above is only true for those *whose ears aren't good enough*. What a BS strawman!! Please quote *any* text along with professional source data from either of those mags that shows them saying anything remotely like what you profess above....that diminishing returns only set in quickly if an audiophile's ears are'nt good. "any text", Harry? Here's the results of my first search: http://www.stereophile.com/amplifica...0/index13.html "Admittedly, this 211-based, single-ended amplifier is not a stellar test-bench performer. Yet, equipped only with a sophisticated integrated test and evaluation system (ie, two ears), any audiophile worth his or her salt should have no problem discerning the 805's magic." Most significant words: "...any audiophile worth his or her salt should have no problem discerning the 805's magic." Since any amplifier using an 805 (s) would have a premium price, the clear meaning is that diminishing returns related to premium priced amplifiers set in quickly only if an audiophile's ears aren't "worth his or her salt". IOW, as you said it Harry, their "ears aren't good". Please, I'm serious....this kind of strawman slander has gone on too long in this forum! It would appear that calling a true claim "strawman slander" is a bit of slander in its own right. There is absolutely nothing in that quote about diminishing returns, Arny. Moreover, a single end amplifier even you would admit sounds "different" so saying "Any audiophile worth his salt will hear it" is hardly a revolutionary statment (although admitedly it is a bit over the top). Which is what the reviewer basically says, once you strip away his own subjective judgement. No reference, to price or value. On the other hand, Stereophile goes out of its way periodically to point out that value is in the eye/ear of the beholder, and also to acknowedge that there are diminishing returns that vary from person to person. But it does not say only those who cannot hear can question whether there are diminishing returns, the point implied in Steven's OP. |
#17
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"Peter Wieck" wrote in message
The psychology of all this is very old news indeed. Bringing it here is naught but a troll. Interesting how someone who revils in 1960's audio technology sees a January 2008 paper on a topic that may make him uncomfortable as being "naught but a troll". Perhaps Peter your readings in psychology are far more up to date than January 2008, and there is something relevant that you could share with us before you find it to be "very old news indeed". |
#18
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"Arny Krueger" wrote in message
... "Peter Wieck" wrote in message The psychology of all this is very old news indeed. Bringing it here is naught but a troll. Interesting how someone who revils in 1960's audio technology sees a January 2008 paper on a topic that may make him uncomfortable as being "naught but a troll". Perhaps Peter your readings in psychology are far more up to date than January 2008, and there is something relevant that you could share with us before you find it to be "very old news indeed". It is, Arny. Those of us who studied marketing or applied psychology have known about it since the '60's. |
#19
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"Harry Lavo" wrote in message
"Arny Krueger" wrote in message ... "Peter Wieck" wrote in message The psychology of all this is very old news indeed. Bringing it here is naught but a troll. Interesting how someone who revils in 1960's audio technology sees a January 2008 paper on a topic that may make him uncomfortable as being "naught but a troll". Perhaps Peter your readings in psychology are far more up to date than January 2008, and there is something relevant that you could share with us before you find it to be "very old news indeed". It is, Arny. Those of us who studied marketing or applied psychology have known about it since the '60's. Then Harry you should have no problem citing a paper from the 60's that essentially duplicates the paper I cited. Of course anybody who has done sales has strongly suspected and was aware of common wisdom that many people are unaware of the vagaries of purchasing high-priced products. They think that spending a lot of money guarantees really good performance. But, most of us can differentiate common wisdom from something for which scientific evidence exists. |
#20
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In article ,
"Arny Krueger" wrote: "Harry Lavo" wrote in message "Arny Krueger" wrote in message ... "Peter Wieck" wrote in message The psychology of all this is very old news indeed. Bringing it here is naught but a troll. Interesting how someone who revils in 1960's audio technology sees a January 2008 paper on a topic that may make him uncomfortable as being "naught but a troll". Perhaps Peter your readings in psychology are far more up to date than January 2008, and there is something relevant that you could share with us before you find it to be "very old news indeed". It is, Arny. Those of us who studied marketing or applied psychology have known about it since the '60's. Then Harry you should have no problem citing a paper from the 60's that essentially duplicates the paper I cited. Of course anybody who has done sales has strongly suspected and was aware of common wisdom that many people are unaware of the vagaries of purchasing high-priced products. They think that spending a lot of money guarantees really good performance. But, most of us can differentiate common wisdom from something for which scientific evidence exists. The news in the paper you cite is the MRI that creates an objective measure of perceived pleasure. Here's a commentary: http://www.evancarmichael.com/Sales/...-Perception-of -Quality.html I think many of us have instinctively known this for years. But in this study it is proven once and for all by hard science. Essentially the finding were that higher prices have a real impact on perceived quality (which will then influence sales) rather than people just saying they think its better (which will not). My interpretation is that the study shows that lacking hard definitive information about the quality of a product, the consumer searches for other sources of information to determine the quality of one thing over another. In this case, the price of the product itself creates the real perception of higher quality. -- This shows objectively that the wine drinkers enjoyed the high-priced wines more. If you're analogizing to audio, the case is that audiophiles may be fooling themselves, but they really are enjoying themselves more. Stephen |
#21
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Harry Lavo wrote:
"Arny Krueger" wrote in message ... "Peter Wieck" wrote in message The psychology of all this is very old news indeed. Bringing it here is naught but a troll. Interesting how someone who revils in 1960's audio technology sees a January 2008 paper on a topic that may make him uncomfortable as being "naught but a troll". Perhaps Peter your readings in psychology are far more up to date than January 2008, and there is something relevant that you could share with us before you find it to be "very old news indeed". It is, Arny. Those of us who studied marketing or applied psychology have known about it since the '60's. One wonders why the PNAS work was even DONE then. -- -S I know that most men, including those at ease with problems of the greatest complexity, can seldom accept the simplest and most obvious truth if it be such as would oblige them to admit the falsity of conclusions which they have proudly taught to others, and which they have woven, thread by thread, into the fabrics of their life -- Leo Tolstoy |
#22
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"MiNe 109" wrote in message
In article , "Arny Krueger" wrote: "Harry Lavo" wrote in message "Arny Krueger" wrote in message ... "Peter Wieck" wrote in message The psychology of all this is very old news indeed. Bringing it here is naught but a troll. Interesting how someone who revels in 1960's audio technology sees a January 2008 paper on a topic that may make him uncomfortable as being "naught but a troll". Perhaps Peter your readings in psychology are far more up to date than January 2008, and there is something relevant that you could share with us before you find it to be "very old news indeed". It is, Arny. Those of us who studied marketing or applied psychology have known about it since the '60's. Then Harry you should have no problem citing a paper from the 60's that essentially duplicates the paper I cited. Of course anybody who has done sales has strongly suspected and was aware of common wisdom that many people are unaware of the vagaries of purchasing high-priced products. They think that spending a lot of money guarantees really good performance. But, most of us can differentiate common wisdom from something for which scientific evidence exists. The news in the paper you cite is the MRI that creates an objective measure of perceived pleasure. Here's a commentary: http://www.evancarmichael.com/Sales/...-Perception-of -Quality.html Nice reference. Thanks. "I think many of us have instinctively known this for years. But in this study it is proven once and for all by hard science. Essentially the finding were that higher prices have a real impact on perceived quality (which will then influence sales) rather than people just saying they think its better (which will not)." It appears that Mr. Carmichael and the prestigious "The Economist" sees the same value in the paper that I did and that Harry could not: "I think many of us have instinctively known this for years. But in this study it is proven once and for all by hard science." Mr. Carmichael and "The Economist" thinks that the paper was new Science just like I did. Harry wants us to think that there was a comparable scientific study back in the 1960s. Pretty difficult given that NMR imaging (MRI) was first demonstrated in the laboratory in 1977. " My interpretation is that the study shows that lacking hard definitive information about the quality of a product, the consumer searches for other sources of information to determine the quality of one thing over another. In this case, the price of the product itself creates the real perception of higher quality." Mr. Carmichael also makes a common-sense application of the paper itself. People have a general tendency to believe that more expensive products have higher quality, even when they don't. I have no problem with that, within reason. However, when high end charlatans charge almost $3000 for a CD player whose sound quality is probably indistinguishable from one costing less than $50, we have a clear case of the Emperor's new clothes. |
#23
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"Steven Sullivan" wrote in message
Harry Lavo wrote: "Arny Krueger" wrote in message ... "Peter Wieck" wrote in message The psychology of all this is very old news indeed. Bringing it here is naught but a troll. Interesting how someone who revils in 1960's audio technology sees a January 2008 paper on a topic that may make him uncomfortable as being "naught but a troll". Perhaps Peter your readings in psychology are far more up to date than January 2008, and there is something relevant that you could share with us before you find it to be "very old news indeed". It is, Arny. Those of us who studied marketing or applied psychology have known about it since the '60's. One wonders why the PNAS work was even DONE then. Good question given that MRI was first demonstrated in the lab in 1977. I suspect we see evidence for perceiving someon's confusion between scientific research and intuitive wisdom. |
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On Thu, 1 Jan 2009 17:08:55 -0800, Arny Krueger wrote
(in article ): "MiNe 109" wrote in message In article , "Arny Krueger" wrote: "Harry Lavo" wrote in message "Arny Krueger" wrote in message ... "Peter Wieck" wrote in message The psychology of all this is very old news indeed. Bringing it here is naught but a troll. Interesting how someone who revels in 1960's audio technology sees a January 2008 paper on a topic that may make him uncomfortable as being "naught but a troll". Perhaps Peter your readings in psychology are far more up to date than January 2008, and there is something relevant that you could share with us before you find it to be "very old news indeed". It is, Arny. Those of us who studied marketing or applied psychology have known about it since the '60's. Then Harry you should have no problem citing a paper from the 60's that essentially duplicates the paper I cited. Of course anybody who has done sales has strongly suspected and was aware of common wisdom that many people are unaware of the vagaries of purchasing high-priced products. They think that spending a lot of money guarantees really good performance. But, most of us can differentiate common wisdom from something for which scientific evidence exists. The news in the paper you cite is the MRI that creates an objective measure of perceived pleasure. Here's a commentary: http://www.evancarmichael.com/Sales/...-Perception-of -Quality.html Nice reference. Thanks. "I think many of us have instinctively known this for years. But in this study it is proven once and for all by hard science. Essentially the finding were that higher prices have a real impact on perceived quality (which will then influence sales) rather than people just saying they think its better (which will not)." It appears that Mr. Carmichael and the prestigious "The Economist" sees the same value in the paper that I did and that Harry could not: "I think many of us have instinctively known this for years. But in this study it is proven once and for all by hard science." Mr. Carmichael and "The Economist" thinks that the paper was new Science just like I did. Harry wants us to think that there was a comparable scientific study back in the 1960s. Pretty difficult given that NMR imaging (MRI) was first demonstrated in the laboratory in 1977. " My interpretation is that the study shows that lacking hard definitive information about the quality of a product, the consumer searches for other sources of information to determine the quality of one thing over another. In this case, the price of the product itself creates the real perception of higher quality." Mr. Carmichael also makes a common-sense application of the paper itself. People have a general tendency to believe that more expensive products have higher quality, even when they don't. I have no problem with that, within reason. However, when high end charlatans charge almost $3000 for a CD player whose sound quality is probably indistinguishable from one costing less than $50, we have a clear case of the Emperor's new clothes. In such a case where you buy the $50 CD player, and are happy with it, and the other guy buys a $3000 CD player and is happy with that, then you get to laugh all the way to the bank, don't you Arny? OTOH, the guy who payed $3k for his CD player has a certain pride of ownership in a nicely made player that TO HIM sounds better than a cheaper player. Isn't that what hobbies are all about, anyway? |
#25
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"Arny Krueger" wrote in message
... "MiNe 109" wrote in message In article , "Arny Krueger" wrote: "Harry Lavo" wrote in message "Arny Krueger" wrote in message ... "Peter Wieck" wrote in message The psychology of all this is very old news indeed. Bringing it here is naught but a troll. Interesting how someone who revels in 1960's audio technology sees a January 2008 paper on a topic that may make him uncomfortable as being "naught but a troll". Perhaps Peter your readings in psychology are far more up to date than January 2008, and there is something relevant that you could share with us before you find it to be "very old news indeed". It is, Arny. Those of us who studied marketing or applied psychology have known about it since the '60's. Then Harry you should have no problem citing a paper from the 60's that essentially duplicates the paper I cited. Of course anybody who has done sales has strongly suspected and was aware of common wisdom that many people are unaware of the vagaries of purchasing high-priced products. They think that spending a lot of money guarantees really good performance. But, most of us can differentiate common wisdom from something for which scientific evidence exists. The news in the paper you cite is the MRI that creates an objective measure of perceived pleasure. Here's a commentary: http://www.evancarmichael.com/Sales/...-Perception-of -Quality.html Nice reference. Thanks. "I think many of us have instinctively known this for years. But in this study it is proven once and for all by hard science. Essentially the finding were that higher prices have a real impact on perceived quality (which will then influence sales) rather than people just saying they think its better (which will not)." It appears that Mr. Carmichael and the prestigious "The Economist" sees the same value in the paper that I did and that Harry could not: "I think many of us have instinctively known this for years. But in this study it is proven once and for all by hard science." Mr. Carmichael and "The Economist" thinks that the paper was new Science just like I did. Harry wants us to think that there was a comparable scientific study back in the 1960s. Pretty difficult given that NMR imaging (MRI) was first demonstrated in the laboratory in 1977. " My interpretation is that the study shows that lacking hard definitive information about the quality of a product, the consumer searches for other sources of information to determine the quality of one thing over another. In this case, the price of the product itself creates the real perception of higher quality." Mr. Carmichael also makes a common-sense application of the paper itself. People have a general tendency to believe that more expensive products have higher quality, even when they don't. I have no problem with that, within reason. However, when high end charlatans charge almost $3000 for a CD player whose sound quality is probably indistinguishable from one costing less than $50, we have a clear case of the Emperor's new clothes. Clearly, Arny, I didn't say there was an objective MRI study back in the sixties. I said it was pretty well established among a certain knowledgeable fraternity that higher prices often equated to perceived quality and vice-versa. I happened to get my MBA at Northwestern in '63, a time when one of the lead faculty was Dr. Sidney Levy of Behavioral Research Associates, a well know behavioral psychologist. We had anecdotal access to this sort of knowledge as well as to the scientific work then extant, translated into the business world. But beyond the theoretical, let me give you a couple of examples. The first is a bit of a reverse example, but an interesting one. I once ran a chain of Mexican Restaurants for several years...a subsidiary of KFC. My boss (the chairman of KFC) didn't like Mexican food and thought of it only as (in his terms) "rot-gut". He wanted prices lowered We had just redesigned our stores so it looked nicer and more expensive, more like a sit-down restaurant...our food was at a slight premium to Taco Bell. It worked, and we were thriving. This was one of the things my boss and I tangled about, and after I left he took the chain into a new market with the same store design but dramatically lower prices, loudly promoted as lower than the main competition ("Taco Bell"). Much to his consternation, it failed. Follow up surveys (I am told) showed that customers thought the food would be more expensive since the stores looked much nicer, so much so that they simply ignored all the advertising. In simple terms, they were satisfied with Taco Bell, and they didn't understand this new competitor with the nicer stores and yet lower prices. They solved the cognative dissonance by staying away rather than flocking to the new stores. As I said, a bit of a reverse example, but a real one. The second is a classic. When I became Marketing V.P. of Heublein's food group, the Grey Poupon brand had just been moved from distribution by a food distributor ( those who stock the shelves with specialty items) to the main grocery shelves and warehouses. Although costs were lower, the price remained at a substantial premium to the more mainstream brands. The brand was sustained by low-key advertising in Gourmet magazine, the airline magazines, etc and the higher price was consistent with that.. I wanted to move it into television...convinced that the brand had much greater volume potential. Again, there was scepticism by a certain boss that we could do that without cheapening the brand...he was afraid it would then be seen as a commodity item like French's and that we would be taken over by the main brands, who knew how to make a similar product. Before I left to run the restaurants, I had put a marketing team and agency team in place who understood what needed to be done, and the testing guidelines that had to be followed. The result about a year later was the "But of course" campaign....and sales took off like crazy. Frenchs, Guldens, and many other brands have come after Grey Poupon since, but it is far and away the premier upscale mustard brand in the country. It's higher price is a reinforcing factor. Their is plenty of evidence that real value to consumers is imputed by a lot of things....and price is a key one of them. I guess we should have just foregone all that an waited for an MRI scan. |
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"Sonnova" wrote in message
In such a case where you buy the $50 CD player, and are happy with it, and the other guy buys a $3000 CD player and is happy with that, then you get to laugh all the way to the bank, don't you Arny? In a perfect world, that would be nobody's business but my own. OTOH, the guy who payed $3k for his CD player has a certain pride of ownership in a nicely made player that TO HIM sounds better than a cheaper player. In a perfect world, that would be none of my business. However, some people want to make it my business. Isn't that what hobbies are all about, anyway? Audio forums seem to sometimes degenerate into ****-measuring contests. The irony is that the "ruler" is usually imaginary. ;-) |
#27
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![]() This shows objectively that the wine drinkers enjoyed the high-priced wines more. If you're analogizing to audio, the case is that audiophiles may be fooling themselves, but they really are enjoying themselves more. What they are enjoying the the self-satisfaction that they are rich enough to afford the expensive stuff. I buy expensive rocks and expensive vacations. It is quite evident to me that I get a feeling of pleasure from the mere fact that I can afford such things, independent of the "real" value of the product itself. If I can get the same product cheaper, I get a feeling of pleasure, but a different one. This is quite clear. I get a feeling of great pleasure that I can't tell the difference in sound between a $0.30 MP3 from eMusic and a $18 CD of exactly the same performance. I note that I like classical music, and sometimes one finds the 52 minute single track! This pleasure is some compensation for getting old enough that I can't hear the difference any more. Doug McDonald |
#28
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In article ,
"Arny Krueger" wrote: "MiNe 109" wrote in message In article , "Arny Krueger" wrote: "Harry Lavo" wrote in message "Arny Krueger" wrote in message ... "Peter Wieck" wrote in message The psychology of all this is very old news indeed. Bringing it here is naught but a troll. Interesting how someone who revels in 1960's audio technology sees a January 2008 paper on a topic that may make him uncomfortable as being "naught but a troll". Perhaps Peter your readings in psychology are far more up to date than January 2008, and there is something relevant that you could share with us before you find it to be "very old news indeed". It is, Arny. Those of us who studied marketing or applied psychology have known about it since the '60's. Then Harry you should have no problem citing a paper from the 60's that essentially duplicates the paper I cited. Of course anybody who has done sales has strongly suspected and was aware of common wisdom that many people are unaware of the vagaries of purchasing high-priced products. They think that spending a lot of money guarantees really good performance. But, most of us can differentiate common wisdom from something for which scientific evidence exists. The news in the paper you cite is the MRI that creates an objective measure of perceived pleasure. Here's a commentary: http://www.evancarmichael.com/Sales/...-Perception-of -Quality.html Nice reference. Thanks. "I think many of us have instinctively known this for years. But in this study it is proven once and for all by hard science. Essentially the finding were that higher prices have a real impact on perceived quality (which will then influence sales) rather than people just saying they think its better (which will not)." It appears that Mr. Carmichael and the prestigious "The Economist" sees the same value in the paper that I did and that Harry could not: "I think many of us have instinctively known this for years. But in this study it is proven once and for all by hard science." Mr. Carmichael and "The Economist" thinks that the paper was new Science just like I did. Harry wants us to think that there was a comparable scientific study back in the 1960s. Pretty difficult given that NMR imaging (MRI) was first demonstrated in the laboratory in 1977. However, studies of price and quality perception do go way back. It's literally textbook knowledge. " My interpretation is that the study shows that lacking hard definitive information about the quality of a product, the consumer searches for other sources of information to determine the quality of one thing over another. In this case, the price of the product itself creates the real perception of higher quality." Mr. Carmichael also makes a common-sense application of the paper itself. People have a general tendency to believe that more expensive products have higher quality, even when they don't. I have no problem with that, within reason. However, when high end charlatans charge almost $3000 for a CD player whose sound quality is probably indistinguishable from one costing less than $50, we have a clear case of the Emperor's new clothes. Yes, but the Emperor is now scientifically proven to enjoy his clothes more with no loss of utility. Stephen |
#29
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"Harry Lavo" wrote in message
Clearly, Arny, I didn't say there was an objective MRI study back in the sixties. You said that: "Those of us who studied marketing or applied psychology have known about it since the '60's" So now the question is what did you mean by "it". The antecedent of the pronoun was a published study. The study had the use of a MRI as a key component. I said it was pretty well established among a certain knowledgeable fraternity that higher prices often equated to perceived quality and vice-versa. Unhh, I see. We have a free-floating "it". ;-) When it gets shot down in one part of the sky, it magically reappears someplace else. Isn't that called waffling? I happened to get my MBA at Northwestern in '63, a time when one of the lead faculty was Dr. Sidney Levy of Behavioral Research Associates, a well know behavioral psychologist. We had anecdotal access to this sort of knowledge as well as to the scientific work then extant, translated into the business world. In 1963 I was a hi fi salesman, and I had plenty of anecdotal and direct access to real life consumer sales. I didn't have to translate into the business world, I was there. It was pretty well established among the working sales fraternity in 1963 and probably 1903, that higher prices often equated to perceived quality and vice-versa. In fact, part of my job was informing my clients about the details of that equation. I tried very hard to keep it real. In the audio world, higher quality is very often equated with a very one-dimensional view of product quality: sound quality. Why should a customer care whether or not a CD player chassis is plastic, thin steel stamped and bent, machined bars of metal screwed together, or milled from a single billet of aluminum? The universal, one-size-fits-all answer is the single-billet chassis sounds better. Ker-ching - the customer gets a $3000 CD player which oh by the way uses the CD transport from a $69.95 boombox whose chassis is a mixture of plastic and stamped steel. In the cited study, there's no evidence that the test subjects were told that the wine tasted better, because that would be a bald faced lie. The claim that it was more expensive was a questionable claim, but it might have cost $90 a bottle if ordered by the glass in a very expensive restaurant. |
#30
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Arny Krueger wrote:
"Steven Sullivan" wrote in message Harry Lavo wrote: "Arny Krueger" wrote in message ... "Peter Wieck" wrote in message The psychology of all this is very old news indeed. Bringing it here is naught but a troll. Interesting how someone who revils in 1960's audio technology sees a January 2008 paper on a topic that may make him uncomfortable as being "naught but a troll". Perhaps Peter your readings in psychology are far more up to date than January 2008, and there is something relevant that you could share with us before you find it to be "very old news indeed". It is, Arny. Those of us who studied marketing or applied psychology have known about it since the '60's. One wonders why the PNAS work was even DONE then. Good question given that MRI was first demonstrated in the lab in 1977. I suspect we see evidence for perceiving someon's confusion between scientific research and intuitive wisdom. MRI has been used before in audio related stuff too ...the infamous Oohashi 'hypersonic effect' is claimed to be supported by pattersn of blood flow in the brain, as well as alpha wave changes. What I learned over the years is that scientists have to be very careful how they interpret such data. -- -S I know that most men, including those at ease with problems of the greatest complexity, can seldom accept the simplest and most obvious truth if it be such as would oblige them to admit the falsity of conclusions which they have proudly taught to others, and which they have woven, thread by thread, into the fabrics of their life -- Leo Tolstoy |
#31
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"Arny Krueger" wrote in message
... "Harry Lavo" wrote in message Clearly, Arny, I didn't say there was an objective MRI study back in the sixties. You said that: "Those of us who studied marketing or applied psychology have known about it since the '60's" So now the question is what did you mean by "it". The antecedent of the pronoun was a published study. The study had the use of a MRI as a key component. I said it was pretty well established among a certain knowledgeable fraternity that higher prices often equated to perceived quality and vice-versa. The "it" refered specifically "the psychology of all this" in Peter Wieck's quote, to whom you responded by also refering to "it": Your own quote demolishes your case. ****************************************** "Peter Wieck" wrote in message The psychology of all this is very old news indeed. Bringing it here is naught but a troll. Interesting how someone who revils in 1960's audio technology sees a January 2008 paper on a topic that may make him uncomfortable as being "naught but a troll". Perhaps Peter your readings in psychology are far more up to date than January 2008, and there is something relevant that you could share with us before you find it to be "very old news indeed". ************************************************ Unhh, I see. We have a free-floating "it". ;-) When it gets shot down in one part of the sky, it magically reappears someplace else. Isn't that called waffling? Not free-floating at all, unless yours was? I happened to get my MBA at Northwestern in '63, a time when one of the lead faculty was Dr. Sidney Levy of Behavioral Research Associates, a well know behavioral psychologist. We had anecdotal access to this sort of knowledge as well as to the scientific work then extant, translated into the business world. In 1963 I was a hi fi salesman, and I had plenty of anecdotal and direct access to real life consumer sales. I didn't have to translate into the business world, I was there. It was pretty well established among the working sales fraternity in 1963 and probably 1903, that higher prices often equated to perceived quality and vice-versa. In fact, part of my job was informing my clients about the details of that equation. I tried very hard to keep it real. By "it", you mean what here? Sauce for the goose, and all that....... snip remainder |
#32
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"Harry Lavo" wrote in message
snip the usual retrenching and obfuscations It was pretty well established among the working sales fraternity in 1963 and probably 1903, that higher prices often equated to perceived quality and vice-versa. In fact, part of my job was informing my clients about the details of that equation. I tried very hard to keep it real. By "it", you mean what here? You mean Harry that you can't parse that paragraph to figure out the answer to that question? The answer is obviously "informing my clients about the details of that equation." [ Moderator's note: Let's skip the meta-arguments from now on, please. -dsr- ] |
#33
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"MiNe 109" wrote in message
... In article , "Arny Krueger" wrote: (big snip) This shows objectively that the wine drinkers enjoyed the high-priced wines more. If you're analogizing to audio, the case is that audiophiles may be fooling themselves, but they really are enjoying themselves more. Stephen I suspect that the wine business is a lot more logical than high-end audio. The producers and marketers taste the stuff and then figure out whether it is worth $10, $15, $20, $25, etc, per bottle - then it hits the shelves. It's no surprise that a $25 bottle generally tastes OK and a $10 bottle a bit rough... (as an engineer I've never been able to afford anything more pricey!) There are anomalies, of course; sometimes you find a $10 bottle that tastes "above it's price", but not often - the industry is smarter than that! I do not think "high-end" audio is marketed this way, i.e. listen and then price. I think they (producers, marketers) pursue all the "oxygen free snake oil" they can find, then price the result so as to get the biggest margin possible, then promote the heck out to it to sell it. Result: some good audio at a too high price (the "oxygen free snake oil" itself doesn't harm the sound unless it violates proper engineering somewhere) but also some over-priced bad audio where the engineering has been compromised by greed or simple ignorance, e.g. trying to violate the laws of physics. ("Canna do it, captain".) Vote with your dollars in the marketplace - "The ayes, er... sorry, the ears have it". Cheers, Roger |
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