Pani, I think I was misunderstood. I did not mean for my comments to imply that transformer-coupling cannot work well and sound great. My point was that using a SUT between a LOMC cartridge and a phono stage per se limits the impedance with which you can load the cartridge. This is only because the turns ratio of the SUT determines the impedance "seen" by the cartridge looking in to the phono input. Case in point, the Luna starts at 100R and goes down from there. Most LOMCs will work fine into a 100R load, but lately it has been my observation that many LOMCs can sound even better with less of a load. I spent the last two nights, in fact, listening to two different LOMC cartridges with load 47K ohms. I found that I slightly preferred that to 100R or even 1000R. (Load is selectable on my MP1.)
In the case of the Luna, and without having seen the schematic, I wager that the interstage transformer was necessary for the sole purpose of reducing the output impedance of the stage driving the LCR correction circuit; the impedance has to match that of the LCR module, and most require 600R, although in recent years LCRs that need to see higher impedances have been devised, when the needed inductors can be precisely wound. This is not necessarily a bad thing; it just is what it is.
In the case of the Luna, and without having seen the schematic, I wager that the interstage transformer was necessary for the sole purpose of reducing the output impedance of the stage driving the LCR correction circuit; the impedance has to match that of the LCR module, and most require 600R, although in recent years LCRs that need to see higher impedances have been devised, when the needed inductors can be precisely wound. This is not necessarily a bad thing; it just is what it is.