Some days your the boot and some days you are the goat. I guess my facts about speaker wire are well mostly wrong.
I found this article from Belden about audio wiring.

http://www.belden.com/pdfs/techpprs/wcfsbetp.htm

After reading it I realize that when it comes to speaker wire most of the things I have heard don't really apply to speaker wire.
By the way the reason for twisting is to create a balanced line and the twist helps noise rejection for RFI and EMI. The other reason is to give the cable a round profile which makes it easier to handle. After this maybe I'll stick to power wires. Sometimes knowledge comes from being mistaken.