I recently purchased a nice set of speaker cables (yes, they are 10 gauge). However, there are several issues that I have with them and I also see a general path the speaker cable industry is going down, that I think presents to the consumer potential electrical hazards.
The first one is the use of long fingered spade connectors. As we all know, things can become loose over time and is it easy to see that long fingered spade terminals can actually touch each other and cause a direct short to the amplifier.
The other practice is the use of metal caps over the connectors. Again, if the connection becomes loose, the caps could come into contact with each other and cause a short.
One other problem is the use of the old style banana connector. The new BFA style fits better, stays in line with the binding post and electrically, makes better contact.
The old vintage stuff used to have spring loaded speaker connectors (like on the old Marantz receivers), that you simply inserted an end of a stripped wire into. Pretty safe, unless you had strands flying about. Of course, this style of speaker wire connector wouldn't let the "0000" gauge speaker wire guy to use his favorite, so by the wayside this type of connection went.
Other older amps had screw terminals with barrier in between each screw terminal (for small spade mounting) that would keep the spade straight and also prevent any accidental contact with adjacent connectors.
I certainly do not like government involvement on stuff like this, but perhaps it's time the NEC, or NFPA started to take a look at what is going on. With amps hitting the 300 watts per channel range and some mono block amps hitting the 1000 watt range, IMO, there is an electrical hazard that has not been addressed, and the guilty party, again in my opinion, is the speaker cable guys.
You would think someone could come up with a better, safer speaker connector that would take almost any rational size wire and keep them in control.
Wayner