Even if you have a top notch utility and a perfect house the power system is still grounded to the earth. When lightning strikes the ground close to your home, that ground path can go right to the third prong on a grounded system and to one of the other prongs on the two prong systems. I have not seen any evidence from a reviewer that definitively shows an improvement in either sound quality or video quality when using a power conditioner. I also avoid all the snake oil sales pitches out there but still have my equipment protected the best I can afford.
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Music system
Model 990/7500/Magnepan 1.6 QRs/Technics SL1200 MK2/Aperion S-12 Subwoofer/OWA3/Sony NS75H DVD
APC H15 Power Conditioner

TV System
Large Advent Loudspeakers/ Polk center/Monoprice surrounds/Panasonic Viera 42 inch/Onkyo HT-RC260/Sony BDP S590/Directv


Home Theater System
Onkyo PR-SC886/Outlaw 7125 Klipsch RF-82 L/R,RC-62 center, RB-35 SR/SL, BENQ HT1075, Outlaw LFM1-EX/OPPO BDP-83/Directv
Harmony ONE
Blue Jeans and Monoprice interconnects
APC H15 Power Conditioner