Audacious Audio

In its three decades the Delphi has undergone many upgrades both technical and aesthetic. Not surprisingly, so has the price. The Mk.II Delphi sold for $1250 in 1986; the Delphi Mk.VI with Turbo power supply and dedicated power cord now sells for $8500, which, in today's market, I think is reasonable for what you get. The review sample came with an Oracle/SME 345 tonearm ($3100) and a Benz-Micro Thalia high-output MC cartridge ($1700), for a total cost of $13,300—or $11,600 for just 'table and arm.

Stereophile's founder, the late J. Gordon Holt, always had a thing for horn loudspeakers, feeling that these archaic beasts offered a "jump factor" that could never be rivaled by conventional, direct-radiating designs. A horn drastically increases the efficiency with which electrical power is converted into acoustic power, which means that for a given sound-pressure level, a smaller amplifier can be used compared with a direct-radiator, and that all distortions, both electrical and mechanical, can theoretically be much lower. Yet outside of a small circle of enthusiasts, horns never got much of a following in high-end audio, and as high amplifier power became plentiful and relatively cheap, horns largely disappeared from domestic audio use (except in Japan).