Grimace, to operate either Denon straight into a phono stage, it should provide at least 60 dB of gain. Many will do so. And not to get you sidetracked here but offering adjustable loading would be important too. At the very least you will want to bring the load down from the standard 47K ohms to 100 or even less.
Now, a different consideration. I just checked your system and see you will be using a Grace 707 arm. If I remember correctly, this is a low mass arm so will not match well (resonance frequency) with either Denon cartridge.
To simplify your life (minimal purchases) I would suggest you research cartridges with 1.0 mV output or higher that are compatible (high compliance) with your 707 arm and that fall within your budget. This could be either a high output MC or a MM. Learn the proper set up procedure (archive search here and Vinyl Asylum) and go for it. After listening and learning about differences in SRA and VTF, see how well you are enjoying your system. Then, if need be you can begin to consider improvements. Good luck.
Now, a different consideration. I just checked your system and see you will be using a Grace 707 arm. If I remember correctly, this is a low mass arm so will not match well (resonance frequency) with either Denon cartridge.
To simplify your life (minimal purchases) I would suggest you research cartridges with 1.0 mV output or higher that are compatible (high compliance) with your 707 arm and that fall within your budget. This could be either a high output MC or a MM. Learn the proper set up procedure (archive search here and Vinyl Asylum) and go for it. After listening and learning about differences in SRA and VTF, see how well you are enjoying your system. Then, if need be you can begin to consider improvements. Good luck.