CLASSICAL Julian Bream Plays Granados and Albeniz (Music of Spain, Vol. 5). (RCA Red Seal Digital ARC1-4378) An enjoyable record of Granados and Albeniz, transcribed for guitar by Mr. Bream. The virtuoso surely needs no introduction as one of the finest masters of that instrument today. His playing is always elegant and insightful. Unfortunately, the acoustical perspective of this release is disconcerting. But that should not discourage fans of fine guitar playing and of the two composers' music from picking up this release.