There is a sound engineering reason to put any mag dampening to be at the wand end of the spindle. Since the mag tends to resist spindle movement, it acts as a pivot for any non axial spindle motion
Since the cartridge is at the end of the wand and not at the end of the spindle, there is a force moment induced by stylus movement. The spindle can, at frequencies below the air bearing resonance point, move about this pivot point in a non axial manner.
Having this pivot point at the wand end causes less teter totter due to spindle sleeve clearance than would be the case if the pivot point was at the counterweight end. This benefit is clearly audible.
Exactly the same design feature is present in TT's with inverted main bearings.
Of course the mag is closer to the signal wires.
The choice is yours.