Does the Quality of the USB cable matter?


I have a Squeezebox Touch connected to my Laptop via a 50 ethernet cable.
Also connected to my laptop is an external 1TB hardrive that my music is stored on via a 5 meter USB cable.

With this set up, does the quality of the USB Cable matter ?
128x128ozzy
Thanks everyone fo the help. I have the DH Labs USB cable and will try it out this weekend.
I tried the DH Labs USB cable for a little while Saturday, and I thought I was hearing more body to the music than I had when using my cheapo USB cable.
So to make the comparison fair I've put the Dh Labs cable USB on my cable cooker for a few days and I will insert it back into my system then.
Well, I just took the DH Labs USB cable off the Cable Cooker and I must report that for my application, I hear no difference between the DH Labs cable and my previous cheapo USB cable.