I dont know any respected designers that think that. Not respected by me anyway. ;) The LCR value of a cable can make a difference to the interface between the output characteristics of one piece of kit and the input of another in some instances. Loudspeakers being the most pertienent case in question - low cap leads for passive preamp or cartridge leads being another. However you can get cables of varying LCR for pence not £1000s of pounds. What is not true however is that an audiophile cable of set LCR is better than a non-audiophile cable with the same LCR, which is what the cable industry (and most of the profits of hifi retailers) is based upon. Good insulation from interference and good connectors are the only things that matter for most normal kit and cable. Which is why cheap home made cables can and do sound just as good - if not better. And the reason they sound better is because many high end cables have anomalously high LCR values so that a difference can be heard (different NOT better) and thereby convince the buyer to part with his cash, even though said LCR values are almost certainly detrimental, but may act as a moderating influence on flaws in the system elsewhere.