I actually remember reading somewhere, perhaps on Stereophile, how Ken Pholmann's given up on CD's. He's said to be very frustrated at the quality of new releases.
One other thing I was wondering was whether you'd looked at these AES papers:
J.R. Stuart, "Estimating the Significance of Errors in Audio Systems," presented at the 91st Convention of the Audio Engineering Society,
J. Audio Eng. Soc. (Abstracts), vol. 39, p 1011 (1191 Dec.), pre-print 3208.
http://www.aes.org/e-lib/browse.cfm?elib=5508
and Chris Dunn's and Malcolm Hawksford's 'Towards a Definitive Analysis of Audio System Errors' presented at the same conference. This paper's available at Professor Hawksford's website at the University of Essex -
http://www.essex.ac.uk/ese/research/audio_lab/malcolms_publications.html
(Incidentally this site is very good, and has access to his work on amplifiers, loudspeakers, room equalisation, DAC's ADC's etc. and the 1992 convention paper on whether the S/P-DIF interface is flawed or not.)
I haven't got hold of the Stuart paper but the abstract sounded interesting, because it says that 'The paper addresses difficulties of A/B and nulling tests'. Stereophile actually called this paper 'seminal'. I believe that the perceptual method used in the paper might have been used in analysing jitter audibility that I posted a while back. I remember you asking about how they did the 120 dB SPL audibility tests?