John S,
I haven't fully digested everything in the link you referred to, but I will comment on a few of the points made.
I am reading a book about digital audio and have not finished it yet. No one questions the correctness of Nyquist/Shannon's theorems, but the perfect bandwidth/filters which are required to reproduce perfectly the original signal are not available. If you further research the topic I think you'll find that there are limitations forced upon digital audio just as there are in analog audio.
The book I'm reading (Introduction to Digital Audio, John Wilkinson) does say that a well designed DAC is unaffected by the interconnect used to provide the digital data. Unfortunately some consumer external DAC's (like those used in an A/V receiver) do not have the clock loops to prevent jitter which audibly degrades the sound quality.
WinAx,
If you want to know more about speaker 'timing', I'd refer you on to the web site I gave earlier (
http://stereophile.com/features/99/). I'll try and scan on the trace I have of the two loudspeakers that have different transient characteristics and upload it onto this thread when I can get round to it.
If you're happy with your current system and do not believe in buying shielded cables/high quality DAC's/vinyl recordings etc. then that's great - good for you. I am not entirely satisfied with the sound from CD's/DVD's etc. so I'll go on researching audio topics to see where my next upgrade is best spent.
The article 'The Ten Biggest Lies In Audio', in my opinion, does not look like it has been written by someone with a detailed knowledge of the subjects he is commenting on, esp. digital audio. The book I referred to earlier is written by someone who has given a thorough explanation of the subject, rather than trying to explain everything in a few paragraphs. 'The Art of Digital Audio', which I haven't read, is written by the same author, and is an even more rigorous discussion of the subject.