I would like to comment on Olive & Toole's listening data, and what can be reliably concluded from it, and what cannot.
Here again is the key figure from Toole's book. I have labeled the four different speakers with red letters to make it easier to refer to them:
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Note the error bars. Per the figure's caption, the error bars show one side of a 95% confidence interval.
What does that mean? Look at the blind result for Speaker A on the far left. The height of the bar is at 6.75, and the error bar at 7.0 (approximately: I am eyeballing the chart to get the numbers, which are not listed in the book). This means that, if we were able to do the experiment with millions of listeners, the probability is 95% that the blind rating of Speaker A would be in the range from 6.5 to 7.0. The height of the bar, 6.75, is in the middle of this range.
In comparing two different bars, to have 95% probability that the higher bar would remain higher with millions of similar listeners, the difference in their heights should be greater than 1.2 times the one-sided error (taking it to be same for both bars, which is true here to within eyeball estimates, and is 0.25; times 1.2 is 0.3).
Looking at the blind results, the data do not show a statistically significant difference (at the 95% confidence level) between A and B. The same is true for C and D. However, A and B are preferred over C and D (at the 95% CL).
Looking at the sighted results, the data do not show a statistically significant difference (at the 95% CL) between A and B, same as the blind case. In contrast to the blind case, D is now preferred over C (at the 95% CL), and, as in the blind case, A and B are preferred to D (at the 95% CL).
So: the only significant change from blind to sighted in the downgrading of C.
A, B, and D were all large and expensive floorstanders that were "stylishly crafted of highly polished wood", whereas C was a "small sub/sat system" that was "made of plastic". And these tests were done in the early 90s, when sub/sat systems for stereo were a relatively new thing. Today every audiophile knows that excellent results from such a system are possible; 30 years ago, this was not the case.
So "sighted bias" only significantly changed the results for a comparatively cheap looking, inadequate seeming (in those days) system. "Sighted bias" did not significantly change the results for similar looking speakers.
This is the result of the Olive-Toole research.