Biggest audio hoaxes


Often when people discuss audio, they talk about "snake oil" or "hoaxes."

It's pretty typical to use the term hoax as a tactic against another who disagrees with one, or holds an unusual opinion or vouches for something which has not been verified. That's not what I mean by a "hoax." 

By "hoax" I mean an audio product or claim which has been pretty definitively disproved. Maybe not to everyone's satisfaction, but to common consensus.

So -- with that definition of hoax in mind, what are some of the biggest audiophile hoaxes you've heard of?
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The hoax that new speakers have somehow solved a problem of sound quality over a good vintage speaker is the biggest lie in all of audio and until you try one you will never know what your music can truly sound like.
The old magazine advertisements of new audio equipment featuring attractive women.... the promise of getting girls over.