Dgarretson's response is correct except for what looks like a typo:
I think the word 'not' goes between 'will' and 'benefit'.
I don't think there are too many phono sections out there that have XLR inputs but are not balanced, so its probably a moot point. We found that most people really didn't understand what we were up to with the balanced input on our phono section; I can't imagine why a manufacturer would take that on and *not* have at the same time a fully balanced (and in our case, differential) phono section inside.
However, some phono stages not balanced all the way through have true-balanced output sections. In this case you will benefit going XLR from phono to pre.
I think the word 'not' goes between 'will' and 'benefit'.
I don't think there are too many phono sections out there that have XLR inputs but are not balanced, so its probably a moot point. We found that most people really didn't understand what we were up to with the balanced input on our phono section; I can't imagine why a manufacturer would take that on and *not* have at the same time a fully balanced (and in our case, differential) phono section inside.