Cabling

What effect does speaker cable have on system impedance and delivered power?

It can be a little or a lot, depending on the length and thickness of the cable. Below is a power-loss chart shown in percentages given various cable gauges over various distances:
 
Cable Loss / Distance Chart
 

WIRE GAUGE(AWG)

LENGTH (FT.)

SPEAKER LOAD (OHMS)

POWER LOSS (%)

18

25

2

23.44

18

50

2

39.33

18

100

2

58.95

16

25

2

15.76

16

50

2

27.98

16

100

2

45.43

14

25

2

10.34

14

50

2

19.10

14

100

2

33.08

12

25

2

6.41

12

50

2

12.21

12

100

2

22.24

18

25

4

12.94

18

50

4

23.44

18

100

4

39.33

16

25

4

8.41

16

50

4

15.76

16

100

4

27.98

14

25

4

5.39

14

50

4

10.34

14

100

4

19.10

12

25

4

3.9

12

50

4

6.41

12

100

4

12.21

18

25

8

6.82

18

50

8

12.94

18

100

8

23.44

16

25

8

4.35

16

50

8

8.41

16

100

8

15.76

14

25

8

2.75

14

50

8

5.39

14

100

8

10.34

12

25

8

1.67

12

50

8

8.41

12

100

8

12.21

 One thing worth noting here is that power loss is much greater for say, 2-Ohm speakers than for 8-Ohm speakers. This may partially explain why big touring systems rely on 8-Ohm speakers. On the other hand, compact club systems where the cable runs are shorter often work best with 4-Ohm speakers.