This article from Toms Hardware is already a summary of the experiment that occurred at DIYAudio, but here's a description of the experiment:
Pano, the moderator who built the experiment, invited other members on the forum to listen to various sound clips with four different versions: one taken from the original CD file, with the three others recorded through 180cm of pro audio copper wire, via 20cm of wet mud, through 120cm of old microphone cable soldered to US pennies, and via a 13cm banana, and 120cm of the same setup as earlier.
I wonder if audiophiles that believe the whole wire snake oil would be convinced by this experiment, but it's a fun one nonetheless.
One thing I am not sure is the amount of people that participated in the experiment, that would skew the significance of the results a bit.

