An interesting exercise (something I admittedly haven't done) might be to go back and read some of the old reviews by Pearson, J. Gordon, and others. My suspicion is that they weren't much more in-depth than what we get today. I'm not excusing 'press release journalism' or purple prose but my suspicion is, the effect of the Internet, for all of its 'wild west' qualities, lack of serious editorial supervision and the ability of anyone (including moi) to express an 'opinion' has been salutary. It enables a geographically diverse user group with actual experience of a product to compare notes. Apart from 'audio clubs' (which are, by definition, pretty limited in time and place and may also exhibit some 'groupthink' i.e. "Joe just bought the X preamp, so I did too, X is the best one"), the sites like this one give fairly sophisticated users an opportunity to exchange info, listening 'notes' etc. Granted, the downside is that you are not in the same room, hearing the same thing, but I think in some ways, it offers more than a single review by a single reviewer. That said, I don't think the serious 'hi-fi' press is going to disappear altogether, although its traffic is bound to depend more on the Net than printed magazines at some point. As Fremer said, it is at most 'informed entertainment.' Those 'best of' lists are almost worthless, in my estimation, since they are based review capsules from different time periods, under different conditions, with different reviewers and systems. And tend to skew toward or away from certain brands- i.e., how much overlap is there between the 'Stereophile' top components and the Absolute Sound 'best' gear?