It would be better to use a distortion analyzer, but this would only be of benefit if the phono section can't deal with the RFI on its own. If the phono section does deal with the RFI properly, you'll see no benefit from the loading in terms of distortion.
@atmasphere thanks Ralph - what would the distortion look like? IMD, noise, or HD.
I am guessing it might look like IMD beating an RF tone against the audio signal??
Asking because I can digitise the TT signal, and look at it spectrally and do some math on it. Just need to know what to look for… (Like everything other than the specific test record tone freq?)