(...) How close can we get? My point is we can get hauntingly close. Of course it is an illusion. Near hologrphic is possible. It would be easy to discard it for not being perfect. Then why even bothter with binaural or mutlichannel. I guranntee they are not perfect either. Indeed binauaral and multichannel may do some things better than a stereo pair. They bring on thier own set of problems. That't true of almost anything man made.Saying stereo is imperfect in imaging is red herring that does nothing to aid in our quest to recreate live music.
Greg,
AFAIK, multichannel will have its problems, but if properly done should be a much more reliable and higher quality system to deliver music with 3D, recreating the illusion of reality, than stereo. I can see no reason why a system with much more directional information and the same fidelity should not be better. The great issue is the lack of proper recordings - no manufacturer will put great effort to perfect a system for a potential market of half a dozen of tittles and few customers.
Every system has its problems - but some problems are more problematic than others!