This news story brought to mind an interesting topic concerning the frequency range of hearing in adults:
http://www.foxnews.com/story/0,2933,199119,00.html
Basically, its about this new ringtone kids are using that adults can't hear. It exploits the fact that as we age, we lose our upper frequency range. Keep that in mind as you talk about speakers and electronics that can reproduce 20KHz and higher. Most of us can't come CLOSE to hearing that high.
So what's YOUR upper frequency limit? Mine is around 12 KHz (I'm 40.)