I am kind of interested in hearing the Cascade, even though I don't need them and I don't want to spend so much on a "portable" headphone. And it goes against my policy of not listening to things that I don't want or need that might also make me want to spend money. Huh. That's an interesting and probably better way of thinking about it. One problem, of course, is that people don't understand value, see the word "best," and jump on the hype train. Another problem is how value is measured. That's another good point. Where I used to work I'd see people walking around wearing the HD 650 and HD 800 S. The lady wearing the 800 S was wearing them by a busy bus depot at rush hour; so while I thought, "Cool. Nice headphones," I also thought, "What the hell are you listening to? 'Cause I know it's not the music." Similarly, I don't find the PM-3 to be all that portable. I generally never want to take them with me unless 1) I've got a bag I can put the case in (that I can put the headphones in after I've taken out the cable and collapsed the headphones), and 2) it's not sunny (so I can wear my sunglasses) or 3) raining or 4) too cold to not wear a hat or 5) so hot that my ears get sweaty. Which is approximately three days a year around here. I much prefer IEMs for on-the-go because none of the above are a problem. To me, the value of the headphone goes waaaaay down when I take into account their ability to be used for their intended purpose, chiefly portability.