I know we all suspect the SUT is bad, but I’m not sure how a SUT can even go bad such that this negative-gain behavior
I’ve already explained to the guy the 3ohm tap on the AU320 has a gain ratio of 36 and the 12ohm ATOC9 will see a load of 36ohms. Furthermore the FET based phono on the SP14 will see 14 volts - this would explain his results - cartridge cant drive 36ohms and the SP14 is probably overloading with 14 volts into a fet. It will sound like c**p.
I doubt there is anything wrong with the AU320 - it is behaving as I would have expected running into the SP14 FET based phono.
Previously he was running the 12ohm ATOC9 into the SP14 loaded down to 40ohms which is too low and probably killing the sound.
With the 40ohm input on the AU320 the gain is 10, the phono sees 4volts which is pretty much bang on where he needs to be.