OK, ginger, Hugh and other ex-"purts", since this thread has been opened up again, I would like to ask a Qu.

As I understand it, the issue of whether small-value "bypass caps" are a good thing or not, needs to be divided into two - completely different - scenarios:
1. electrolytics in PSes (ie. between power rail and ground), and
2. coupling caps in electronic componentss / highpass caps in speaker XOs (ie. these are in series, so the music signal passes
through them).
In scenario 1, as has been described in previous posts , due to the chemical/electronic properties of an electrolytic cap, there
is advantage in using bypass caps of around 1% value. 5 x 2,200uF caps in parallel will have a lower ESR than one single 10,000uF cap - and thus will perform better - but this is a much more expensive option - and takes up more real estate!

So parallelling the 10,000uF cap with a 100uF/1uF/10pF combo is a compromise which will sound better than just the 10,000uF cap by itself.
However, in scenario 2, where the music signal passes
through the cap, I had understood that bypassing results in smearing - essentially because the different sizes and construction of, say, a 1uF film cap compared to a 10pF cap cause the signal to take minutely different times to traverse the caps.

Am I on the right track here ... or am I seriously deluded?

Regards,
Andy