yeah, you'd better move fast. your cables are designed to self destruct after 7 years of continuous use.
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I think the biggest advances have been in toslink cables which have gone from awful to acceptable due to changes in connectors. If you have the old MIT adjustable cable you may want to experiment with some different cables. There are certainly some new cables such as Harmonic Technology and some silver based cables that will sound much different than what you have. Whether they are better than your current cables will have to be your own decision. Suggest you shop for a dealer that is willing to lend you cables or will give you a right of return.