@dayglow
I made exactly the move you are contemplating, moving from an Allnic 1202 (and before that the 1201) to the Luxman EQ-500. Yes, it is a considerable step up, even though I liked the Allnic. The Luxman is an improvement across the board, with improved tone, dynamics, and refinement. I've also owned the Herron VTPH-2 and VAC Renaissance phono stages. I preferred the Luxman to all of them, although all were excellent performers. I hope that helps. As always, YMMV.