I think if you look at a tone arm circuit it is balanced, why else would it run separate grounds for left and right and a second ground. It is designed to be balanced. The question is do you want noise cancellation tech or balanced, they are two separate thing. The guy to explain the tech side is Mr. atmasphere.
Hey guys, would anything change if I connect phono pre to pre amp with balanced cables I do have that capability ?
Quite possibly. The cartridge is a balanced source to start with- if you have a balanced input on the phono section you’ve got a lot more immunity to the sound of the interconnect cable- it should sound better IOW.
Maybe he will chime in and toss us a nugget or two. :-) I don't use it on a phono but I hear you can.
Happy New Year.