My favorite piece right now has to be a Lyra Kleos cartridge. I upgraded to a VPI Super Prime Scout but installed my old Ortofon cartridge. When I installed the Kleos, it didnt open the door to high definition sound it Kicked the door in with both feet. Couldn't be happier.
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.