Over at Audio Asylum's Critic's Corner, there is always a pretty spirited "measured versus perceived" argument going on. Kalman Rubenstein, one of the Stereophile reviewers, posted a link to Stereophile's web site that has a huge number of links to articles within that site covering audio measurements, how they might relate to perceived differences in components and how to interpret measurements (particularly aimed at John Atkinson's measurements). I've only just started wading through them, but what I've read seems pretty balanced with regard to the relevancy of measured data. Even if you just skim over one or two of the articles, you'll probably find something that is interesting and informative.
http://www.stereophile.com/searchres...=3&cs=&stype=A
-Drew