New chip provides high-end sound even with low-end speakers. Maybe this chip will be in home stereo gear soon. http://www.technologyreview.com/read_article.aspx?id=17858&ch=infotech
It's just dsp proccessing, quite common as Kal says above. As to it's effectiveness for us, if you read the second page of the article it says that it won't be of much use to audiophiles with high end systems.
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