My favorite is my pair of Watkins Stereo WE-1s speakers, they are large but have such a sweet musical sound, even at 37 years old.
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.