Hi, boofer,
Your question has been more or less answered but I wanted to add that typically you would adjust tonearm height to compensate for different thicknesses of records. Record thicknesses can range from 0.85 mm to over 2.15 mm and being able to adjust tonearm height keeps the stylus at a fairly uniform VTA/SRA and corresponding VTF. Small adjustments in height can be made to compensate for differences in SRA of the cutting head when the master disc is made.
Most tonearms do not allow for quick and easy height adjustment, let alone "on-the-fly" height adjustments, so a common solution to accommodating different record thicknesses is to use platter mats of different thicknesses. Quickly swapping or layering platter mats provides a way to maintain a reasonably consistent VTA/SRA and VTF.
For example, I set my cartridge to have the desired SRA and VTF for a 2.00 mm record and use a combination of three platter mats to keep the height at +/- 2 mm. (A chart showing the combinations is found here: http://gallery.audioasylum.com/cgi/wi.mpl?u=32746&f=plattermatstoadjustsra.jpg&w=412&h=7...)
But a single 0.8 or 0.7 mm platter mat could be used to raise the height of most records (typically 1.0 to 1.1 mm thick) to the common thickness of heavyweight LPs, which is 1.8 mm. It’s not ideal, but it at least accommodates for the majority of your records and lets your "audiophile" LPs sound their best.
Regards,
Tom