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That is known as the 'Veblen Effect'

The idea that it must offer more because it is more expensive, which is by no means limited just to high end audio!!

Of course what is more likely is that the more expensive unit is built to be more expensive to take advantage of the Veblen Effect.

We actually offered a real innovation in tube preamp technology (patent and everything) a long time ago but no-one cared because we did not price it to be particularly expensive.

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