Geez, is there nothing a person can say that someone else won't take issue with? ;-)
Sure, before Bill Johnson formed The Audio Research Corporation, there had been the QUAD ESL, the KLH 9 ESL, the Klipschorn, the Marantz Model 7 tube pre-amp and Models 8 and 9 power amps, and plenty of other state-of-the-art contenders. But let's revisit the statement I made by which Chris was so offended:
".....single-handedly creating the high end audiophile market AS WE NOW KNOW IT." I didn't think I needed to emphasize those highlighted words, but I often give people too much credit. ;-)
When Bill Johnson in 1970 formed ARC and introduced the SP-2 tube pre-amp and models D-50 and D-100 tube power amps, the Marantz Models 7, 8, and 9 had been replaced with solid state models. When you went into a good hi-fi shop (San Jose had one), you did not see QUAD, KLH 9, or Klipschorn loudspeakers, you saw Acoustic Research 2's and 3's, JBL 100's, Rectilinear 3's (a forgotten classic), and Bose 901's. You did not see McIntosh MC75 power amps, MR71 tube tuners, C24 tube pre-amps, Dynaco PAS-3 tube pre-amps, or Stereo 70 tube power amps. You saw Mac 2105 amps, MR73 tuners, C26 and C28 pre-amps, and Dynaco PAT-4 pre-amps and Stereo 120 power amps, all solid state.
A year later (after J. Gordon Holt had reviewed the ARC SP-2 and D-50 power amp, as well as the Magneplanar Tympani T-I magnetic-planar loudspeaker), high-end shops were popping up all over the U.S.A., selling ARC tube electronics (the only ones on the market) and Tympani Loudspeakers (as well as the new Infinity Servo-Static 1 ESL), followed by all the high end names that came into existence only after ARC had changed the nature of the high end market. When Harry Pearson introduced his The Absolute Sound Magazine in 1972---which was inspired by the resurgence in the higher end hi-fi products sector, the market for those products exploded, dozens and dozens of new companies whose goal was to advance the state of the art starting introducing new designs. Levinson, conrad-johnson, Wilson, Vandersteen, Linn/Oracle/VPI/SOTA tables and arms, moving coil cartridges, and many many more. These all became mainstream companies and products, their beginnings all attributable to the revolution Bill Johnson started in 1970.
When I visited one of these new high end shops in the spring of '72, the shop's owner said to Bill Johnson (who was visiting and bringing a complete ARC system to install in the shop's listening room): "Thanks for bringing a sense of excitement back into the hi-fi business." I stand by my statement.