The only piece of equipment I still own since I bought it new back around 1983 is my ENTEC Subwoofer. Having owned it that long should give you a hint how much I like it.
What's the best and/or favorite piece of equipment you've owned? And do you still own it?
My favorite piece(s) are (and I still own them) the Martin Logan Ethos lousdpeakers and Soudsmith Paua cartridge. As far as speakers go, electrostats are my favorite and will replace them with another set of electrostats. I'm currently eyeing MUR Audio SP1's. These two pieces make my rig sound great.