The power supply to a phono stage doesn't have to handle big fluctuations in voltage and power draw
I know a few designers who would strongly disagree with that. ;-)
It is not worth spending $700 to replace a wall-wart. As was mentioned to you on AA, look at plugging in a battery supply. You can match the input connector down at Radio Shack to make up a cable. Most of the jump start batteries I mentioned come with a DC accessory jack and a cable. Might set you back $50 and will give all of the benefits you are seeking.