Interesting but not new. (Shades of Peter Aczel)
The last time we discussed this on the forum a few of us said that you want a cable that adds nothing and subtracts nothing. The man from Townsend demonstrated that his cable does this at least at one frequency. This is better than nothing. It would have been nice to see a few more spot frequencies tested.
The people who like to judge by listening still have a vaild argument. The other cables all modify the signal slightly so if your ears are good enough you'll hear the difference. Now you might like what you hear or you might not like it. But if you like it then that's still great for you.
A few points on the science though
I noted that his cable seemed to be kept fairly straight.
I noted his cable looked shorter.
I noted that he seemed to like to coil the other cables or have them in a loose jumble. This will increase their inductance.
His demo of what you can do with multiple strands of 50 ohm coax (cheap as chips if you are prepared to make your own cable) was interersting. It also proves that good cable and expensive cable are not the same thing which sort of makes the argument the magazine guys have been putting forward from the start.
What is clear is that some cables colour the sound (distort the signal if you prefer) You can choose if this colouration is truly what HiFi is about. I am a believer that Fi stands for fidelity which to me means that there is no colouration of the signal at all. Therefore the highest Fi for me is the one the reproduces exactly what is on the source media.
'Course once you deliver this signal to the speakers it all gets far to complicated to even think about.