Ok this will be a good thread.

What in your opinion is the most important part of a good 2 channel system. Or what has the biggest impact on overall sound. For example if you feel Speakers are most important, or Preamp, Amp, Source. I am not looking for a ss vs. tube debate, just what do you feel is most important.

I will start:
I feel speakers are the most important part. I know lots of you are going to say electronics, but keep it to one part, like Preamp, Amp, etc.


You are right, the question I originally posed was regarding the hierarchy of importance of components that exist WITHIN the two channel system.
It was a question about hardware, plain and simple. NOT any of the other elements you illuminated so eloquently.

You were 100% correct. Still it was interesting to hear everyone's comments.
Without question it is the speakers. Imagine the same source with either a electrostatic, planar, ribbon or dynamic speaker. Obviously they will sound extremely different. Much more so than changing the source. But as always synergy is the key.
I would have said the source 2 years ago but it seems to me that there are many affordable sources.So I vote for speakers I have tried listening to my $14000 horns on a sony boombox would rather listen to a great speaker this way then a cheap speaker on a great source .Tried the great source affordable speaker, works best with a great speaker and affordable sources and amps
Post removed 
Oh Marco, Marco, you've found what you were looking for...

Threads, like all iterations, change, and particularly when they go along this long. I don't detect that much divergence from the original inquiry, at least not one that would require your police-ing, and particularly given that there was a recent and significant time gap since, er, last YEAR. What's the matter, Marco, got up this morning and just thought you'd found a nice egg to crack, and so took the chance, just to juice that lizard (you know, the one in the R-complex part of your brain), just to make you feel more like a "me" today, because its anonymous here and you feel like you can be more of a "me" absent your peers' physical proximity? Did it make you "feel" better?

Marco, a seed for your search...

twl, what chemical-electrical "signal" derives from a synapse firing in the mind of the singer, into the electrical "signal" of the mike, through the electrical "signals" via stereo components, to the chemical-electrical "signal" in you?

Energy transference, or tranduction, or transmutaion, or iteration, et al, by any other name...

Fear of Change; desire to make others conform to your ideas; the ego juice when you vent on that egg. Does that sound a little closer to the originating causal "signal" for your, er, help, Marco...?