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When we introduced Stereophile's Product of the Year awards in 1992 (footnote 1), we decided that, unlike some other publications' awards schemes, we would avoid what the late Art Dudley once described as the "every child in the class gets a prize" syndrome. We decided to keep the number of categories to the minimum. That way, in Loudspeakers, for example, high-value minimonitors would compete with cost-no-object floorstanders. In Analog Products, turntables would compete with tonearms, phono cartridges, and phono preamplifiers.
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