Knownothing, your recommendations are noted. Thanks.
1. My speakers are set up within space constraints but they sound very good anyway. Especially my living room system. It is on a rare occasion that I hear any sound coming from them. They are very large but look as if they are only sitting there doing nothing. All the sound is between the speakers and at times beyond the outsides of them. These speakers do not present themselves as point sources at all in their present position. Before your mentioning proper speaker setup I had noticed many of the systems displayed here on Audiogon show extremely large speakers placed next to walls in very small rooms in relation to the speaker size. I found that odd. All of my speakers, with the exception of one in my living room are at least 30 inches from the side wall and at least 15 inches from the rear walls. The best I can do in my current space.
2. I will have to work at resolving the isolation issues.
3. I feel that I use decent interconnect and speaker cables, which total approximately 10% of the cost of my audio systems. 10% seems to be the standard guideline. I use Audioquest Diamondbacks ICs along with Audioquest Bedrock (bi-wired) and Audioquest Type 6 speaker cables. Adding these cables to my system made a huge improvement in sound quality in my budget system.
4. Far as a CD player I purchased the Onkyo DX-7555 based on a positive review in Stereophile. This was also before I became aware of Audiogon as a source of information. This CD player sounds good in my opinion but I have aspirations to try out tube equipment in the future, especially amplification.
5. I have never experienced a noise problem from any electronics in my home. I agree with your observation about smoothing or what I want to call balancing out the sound but did not hear any loss in dynamics. I realize my power conditioner valued at $500 is budget gear by Audiogon standards but in my opinion it improved the sound. However, I will try the new power cord directly in the wall. Although I like the sound improvement after including the power condition, it was a change of the sound, which you indicated that a power conditioner should not do.
I appreciate the information you provided as well as everyone else who provided information. I have learned quite a bit in a short time. I now have a lot of experimenting to do.
Back to my original question. I still walk away from this with the opinion that you all feel that it is not a hazard or not necessarily a detriment to the sound by replacing a stock IEC styled power cord of the two prong type with an after market IEC power cord constructed with the three prong type end. The third prong on the after market power cord is simply a ground and should not create a problem for me. ( Recapping what I learned here on Audiogon)
Thanks again for your help.