I currently own the LP 2 Deluxe with WE 417a tubes and find their performance improves resolution vs the stock Raytheons. I believe Lamm designed it for the WE 417a and intended at one point to put these tubes in the LP12, but their cost and microphonic nature made this decision not practical for a consumer product.
I own several phono stages and have used numerous phono stages including the IO Eclipse with 2 power supplies, which I enjoyed immensely, but think the Lamm has its own signature, which can or can not compliment a system. If your system is boarding on excessive resolution, you will need to voice your LP 12 with different, power supply tubes, power cords or interconnects, etc to see if it will be a good fit. In fact in some cases it not be the best fit with your other components.
It has enough gain for most cartridges, but not the really tough ones such as Koetsu.
When properly dialed in it can offer exceptional bass response and transparency, which are at the top of the class.
I really do not believe Lamm was trying to deceive anyone in mentioning the 417a as I believe he designed the unit with this tube in mind, but it was not practical in the end, as noted above.