I've not heard the Phantom, but I've heard a Lyra Olympos on both an SME V and on my TriPlanar. Different systems, but the preamps and amps were identical and I've heard the SME owner's system with a variety of cartridges, so comparisons aren't totally invalid. It was the same Olympos both times, set up by its long-time owner (and he owns both SME and TriPlanar arms himself, so the setups were probably good).
To all ears, including the Lyra owners', the TriPlanar was a much better match. More life, more snap, much more low level detail. It let the Olympos sound like what it is, one of the world's top cartridges, with just a fine hint of warmth taking it away from today's more neutral or even slightly cool Lyra sound.
On the SME, the same cartridge sounded grey, staid, reserved almost to the point of being dull. For whatever reason, far less information was getting through.
My experience, FWIW.