08-05-08: Cincy_bob
John, I understand your point, and I don't disagree. The only thing I might add is that I do think it is possible to put together an audio system that is faithful to the sound of live music and that does not require any of the components to do any "smoothing" per se. The notion that an audio system needs to have something in the chain to achieve some masking or smoothing of the sound implies that there is something inherently unmusical, unnatural or flawed with the recording/mastering/pressing process or the software format itself.
You are correct Cincy_bob, however, IMHO the digital format IS basically flawed. FWIW, I see that you are using Jena Labs cables and darTZeel amplification, which are wonderful components, but many would consider "smoothing".
What one may consider "accurate" another may consider "bright" or "smoothing" depending on the ancillary equipment. For example, Jena Labs Valkyre were my reference cables until I purchased my reference speakers, Verity Audio Parsifal Encore's. At that point the Valkyre's sounded too warm and lifeless. The Verity's are notoriously warm speakers, so combining them with warm cables was a no-no. Silversmith cables added much more life and "accuracy".
The bottom line is that most of us use "smoothing" components/cables at some point in the chain, especially when digital is the primary source. When someone calls their single component/cable "accurate", it's usually because it mates well with their other "not so accurate" components/cables.
Cheers,
John