This article hits close to home: before I became a programmer I worked as an audio engineer at a fledgling studio in my hometown.
The amount of misinformation / junk-science in the audio world is preposterous. There's a religious-cult of an industry that feeds off the ignorance and placebos of its participants. I have many friends who swear by their What.cd 24/192 FLAC vinyl rips and spend hundreds of dollars on audiophile AC wall outlets. Not to say that there are no differences in high-end audio equipment, but so much of what's "good" is subjective.