At an early-morning breakfast, Michael Børresen, co-founder and chief designer of Audio Group Denmark, unveiled the Børresen M2 loudspeakers ($190,000/pair) and their companion Bass Modules (price to be announced). Also shown for the first time in North America was the Aavik R-880 phono preamplifier ($70,000), designed to work with DS Audio optical cartridges. The R-880 enables users to adjust high cut, low cut, and absolute phase on the fly.