Dave the concept of a good PC is deliver more current with less noise.
I was just thinking the increase in dynamics we commonly perceive in good PCs is the result of a high current slew rate ability. The voltage drop across any reasonably sized PC is going to be nearly identical, but there may be a BIG difference in current delivery rate of change due to the propagation speed of the wave in the wire.
It is said that the electrons in our wiring moves at the speed of light, but that is not the truth. The LCR of the cable affects the propagation speed, and while many cables may be near the speed of light, a super low inductance ribbon cable (Goertz) might have a propagation speed only 1/5 that of light.
So, I think some balance of noise rejection or filtering, along with high propagation speeds are key. Also, this explains why larger diameter conductors usually sound better, it's not that the wire is not capable of supplying the correct voltage and AVERAGE amperage, it's that a larger diameter wire is capable of a higher current slew rate vs. a smaller diameter wire.
Because of this, I am thinking when I modify my power cords to have two 14g wires for hot and neutral vs one, it should make for a slight improvement. And probably more of an improvement in a power amp vs. a source component... I think this is why different PCs are best in different components, it depends on whether current slew rate or filtering will be a bigger advantage.
It is telling that no "industry" types have replied... I think that anyone can buy the same receptacles and connectors but it's the geometry that makes the difference between a decent cord and a great cord.