By days in the late 1960s and early 1970s, Spencer Hughes worked as part of the BBC's loudspeaker research team. Among other accomplishments, he helped develop the 5" midrange/woofer for the fabled LS3/5A loudspeaker.
I wish I could be enthusiastic about the Acoustat Spectra 11an electrostatic/dynamic hybrid selling for $999/pair. At first glance, the Acoustat Spectra 11 looks like a good deal. They could almost be called knock-offs of the Martin-Logan Sequelsthey're about the same size. As with the Sequels, there are moving-coil bass cabinets below, electrostatic panels on top. The Spectra 11 cannot be bi-wired and does not come with spikes. Tiptoes are recommended, and I used them. I let the speakers run in for about 24 hours before doing any serious listening.
The V90 components turn all this around. They are tiny. Inexpensive. Beautifully built.
I latched on pretty fast to Dynaudio's Excite X12, but I wasn't the first at Stereophile to discover that loudspeaker. That was Bob Reina.
Drat!
The $399 Digital Decoding Engine is for real.
There. I've said it. I am not an audiophile; ie, someone who's in love with recorded sound for its own sake. The search for ideal sound can leave a person burned out and broke.
The Boston Acoustics A40 loudspeaker ($150/pair) has become "legendary" (ie, it's stayed around for a while), probably because a pair of them images as well as Rogers LS3/5As. Unfortunately, it is no match for the LS3/5A in terms of smooth midrange response. Of course, at $150/pair, it shouldn't be.
I was originally going to do a review comparing the Spectrum 108A ($200/pair) and the Boston Acoustics A40. On first listen, I was mightily impressed by the A40. But after Stereophile's Larry Archibald schlepped me out a pair of the 108As, I didn't much want to listen to the A40s.
Need a DAC with three S/PDIF inputs (two coax, one optical)? An asynchronous USB DAC? A line stage? A tubed output buffer? A power amp that should be able to drive even difficult speaker loads? Remote control? You've got them all for $1499. Just add speakers. (I assume you have a laptop computer and several disc spinners.) You may want a separate phono stage, because there is none onboard.