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Larry Klein explained at a 1990 AES Conference that this was Stereo Review's policy when he was that magazine's Technical Editor back in the early 1980s.
We should keep in mind that Stereo Review, High Fidelity, and Audio, were not primarily gear-head magazines, but rather to a large extent music, performance and record reviews.
Of the three, Audio was the most gear influenced and, as far as I remember, the first consumer magazine to run in-depth, quantifiable loudspeaker reviews (Richard Heyser). Also, occasionally DIY articles, such as the well regarded amplifier and phono oriented designs from Marshall Leach. Finally, Audio's annual equipment directory pretty much covered all products available at the time, along with a few that never were.
I think most would agree that it was a sad day when Audio ceased publication.