Monster Cable sounds as good as wire hangers?

I’m trying to find the source on this, but someone compared Monster Cable speaker wire to audio run through coat hanger wire and, in a blind listening test, found no noticeable difference. The jury is out on this topic — and gets very enraged when you talk about it — but let’s just say I’m leaning towards the “wire is wire” camp unless you’re dealing with supercolliders.

UPDATE – Here’s the thread.

Speaker Wire discussion
Do coat hangers sound as good as Monster cables? [BB]