Which is better, gain in phono stage or pre amp?


I have a Shelter 501 MC cartridge into a Plinius M14 solid state phono stage and a Lamm LL2 tube pre amp. The phono stage has adjustable gain on the front panel so I can easily adjust between high and low. The Shelter is a moderate gain MC (.4MV) so I have been using high gain but this only allows me to adjust the volume on the pre amp up 1/4 turn for reasonably loud levels. If I use the low gain on the phono stage I get a notch or two more range in the pre amp volume adjustment which is nice but is it better to amplify the signal from the cartridge through the step up transformer of the Plinius or by pass this and use the gain in the pre amp? My own listening suggests minimal difference but I am interested in a technical explanation of the difference of phono stage gain vs pre amp (I'm not an electrical engineer).
(If it makes any difference, my amp is a Plinius SA102 and my speakers are B&W Nautilus 803 which are fairly sensitive at 90Dbw)
jyprez
I have found that the best set up to my ears was when I switched from a VTL Ultimate pre-amp and built my own dual mono line stage, with very expensive parts( kept to a minimum ) used 8 mallory high powered batteries to get enough gain to not lose detail, and combined that with a Vandenhull 2 High output cartridge. Whene you use batteries, that sense of electronic interference when your are listening into the soundstage dissapears. I'm supprised that complete battery powered systems never cought on in the high end audio arena. At one time, many years ago, I had my entire system powered by 24 batteries, and it sounded incredible. My VTL amps and vanderstein subwoffers were driven by ac. I had eight seperate lines run to my system. NO filtering, because no matter what system I used, I noticed and very small loss of information and a rounding off- a kind of pleasent softening of the music-but missing something,( as opposed to rolling off ) of the notes.
Ever try batteries?
later this summer DarTZeel will be introducing a battery powered preamp with a phono stage. i heard the prototype at CES in Janurary. it was amazing.....possibly the best i've yet heard. this was in a system using a pre fairly well known to me (and pretty damn good itself). the DarTZeel made the other pre sound BROKEN.

DarTZeel

i have been a passive preamp guy for the last 4 years and have yet to find an active pre that does it for me. the battery powered DarTZeel seemed to do all the great things my passive did but went even further with naturalness and dynamics.

at this point i see batteries in my future.
Textbook logic: use the step-up trannies in the Plinius rather than an active stage, for the extra db.

Unless, of course, you wish to change yr preamplification altogether as Mike suggests