I once had the NAD 162 preamp also. These are pretty good preamps. It didn't have a loudness button but had very good tone controls that operated at the frequency extremes so were not heavy-handed at all...subtle yet effective.
Anyway, I've found speaker placement and listening position to be way more effective than tone controls.
As I've upgraded, I've generally found my new equipment to be more detailed, delicate and yet more neutral in some ways. Less flattering of bad recordings. However I do get excellent bass presence at low volume without tone controls or loudness button. Something I didn't get with my NAD preamp with tone controls.