I recently purchased a Luxman EQ 500 and it is
outstanding! Coming from a Tavish Design Adagio (with upgraded
transformers) which is no slouch, the Lux plays at another level or two, and it
should since it is quite a bit more expensive. It is very powerful and
dynamic sounding. It is also very quiet and may be the only phono stage I
have ever owned over the years where I do not hear the least bit of
hum! I once owned a battery powered Sutherland PhD and even that had hum! Sound staging is very expansive and images are solid. Vocals and
instruments are more expressive. The overall sound feels like everything
is firmly grounded. Also, it is easier to discern the recording venues,
whether studio or live concerts, in large or small venues. I get much
more of a sense of actually being there. Although the Tavish was good at
that, using NOS tubes, the Lux (using stock tubes) is simply better.
This is my end game phono stage. While there are undoubtedly even higher performing phono stages, they will likely cost quite a bit more than I care to
spend.
Update: I just rolled some NOS tubes including a Mullard rectifier tube and some Amperex tubes made for med tech companies that took performance up to an even higher level. Plus, they are even quieter than the stock tubes which are very quiet.
Interestingly, I noticed that the EQ 500 does not have an IEC ground. It is a two pronged IEC, that likely contributes greatly to the lack of hum and low noise. No ground loops to worry about here! Also, if you use balanced out, you should flip the phase reversal switch, since Luxman is one of the few manufacturers that has the 2 pin as negative instead of the more common 2 pin positive standard used by European and North
American companies.
Note: It appears that there are no longer any new units
remaining in the US. Factory production in Japan has slowed or shut down
again due to COVID and the distributor does not anticipate any new
stock in the US for at least another 4-5 months.