A): The audible differences between cables is usually smaller than audiophiles report (though I believe they are there); and B): Short-term memory is indeed just a few moments long and not sufficient for such tests even when the switching is immediate. (If you're using a continuous piece of music then you haven't heard the part after the switch with the first configuration so there is effectively no comparison. If you're switching back to the beginning of the test music at the switch, then there is a time lag of at least the duration of the snippet of music you heard). So given that human short-term memory is only moments long, blind and double-blind tests are inherently flawed and fairly useless -- unless the differences really are "night and day".
I largely agree with TWL that objectivists use double-blind testing as an excuse not to spend more money, while deluding themselves that they can't do any better.
I largely agree with TWL that objectivists use double-blind testing as an excuse not to spend more money, while deluding themselves that they can't do any better.