Or on the other hand, let’s over think things a bit too :)
Yes, 66dB gain on top of 0.5mV results in exactly 1.0 Volt output. You did the math correctly! In reality, there are some additional factors to account for:
- Loading a cartridge (increasingly lower load resistances on the phono stage) will start to lose some of that source signal as the load resistance approaches the cartridge’s DC coil resistance. This is because of Ohm’s law. For example, if you had a 5 ohm coil cartridge (e.g. your Dyna is 5 ohms) and you fed it into a phono stage loaded at 10 ohms, the voltage would be divided such that only 10 / (10 + 5), or two-thirds of the cartridge’s voltage, would be available to your phono stage. That represents a loss of -20 * log(2 / 3) = 3.5 dB of signal from your loading, which is reasonably significant. It’s also why there’s a rule of thumb "load resistance should be AT LEAST 10x your coils" so that this loss is limited to well under 1 dB. In your case, 10x would be a 50 ohms loading. However I’ve gone lower than 10x, and it can sound fine in certain situations until you start going below 5x (other bad things start to happen besides the signal loss, like a changing frequency response). This is also the reason why stacking a SUT (step-up transformer) into another SUT won't get you anywhere - the net gain starts to move backwards from the loading losses.
- It’s hard to represent the output level of any analog device with just one number. Your cartridge will be able to put out much greater peaks than that 0.5mV. Some say up to 10x more. That’s why it’s OK to do the cartridge & phono math, but you need to leave a lot of room for overhead. MC is right that for preamps you generally have the volume control guarding the input stage, which helps protect its circuitry from overload (i.e. you just set the volume lower as necessary). However some preamps could be configured differently, with an input stage and THEN a volume control - these would be susceptible to overload.
In your case, a 1V "typical" output from phono stage is fine. Usually your concern should be overload margins within the phono stage itself, not the downstream preamp. But sliced a different way, your 66dB gain on 0.5mV is LIKE 20dB + 46dB which is analogous to a 5mV MM cartridge (20 dB is 10x which takes 0.5mV to 5mV) into a 46dB MM stage, which is quite normal. Either 66dB or 60dB is likely to be optimal for your system.
I also agree with MC that most cartridges over $1K these days can sound excellent. Proper installation and system matching are crucial, as always. And Koetsus are particularly lovely. And for the money, I’ve also become a particular fan of the current Benz lineup (Zebrawood L, Ebony L).