Before Bruno Putzeys is lumped in with the rest of the crowd at audioholics
it should be remembered that he has ears and uses them. He designed the Ucd amplifier which is currently very well regarded in the DIY community.
Here is a quote from one of his articles on cables.
Summary
To recap: to make cables disappear from the sonic equation, all that is needed is balanced transmission combined with sub-1ohm output impedance line drivers. I would like to propose this as a standard for audiophile equipment makers.
It shows that people who claim that cables do not make a difference are plainly deluding themselves. On the other hand, those that say that cables should not make a difference, are dead right.
Complete article is at this link
http://www.audioholics.com/techtips/audioprinciples/interconnects/Cable-Distortion.html I think his comments are mostly on target in his discussion of class D
amplifiers that do not have feedback to reduce distortion. For highend applications a properly implimented feedback scheme is a necessity for
waveform accuracy to be maintained. However I don't think receivers like the
Panasonic XR series are suddenly going to disappear. Products using this approach are cheaper to produce than analogue types and consume less power. They also appear to have sonics which are acceptable to a wide range of users.
Scotty