First and foremost I am the North American Distributor of Karan so take anything I say with a lot of salt. I have listened to the Karan Acoustics PH2 on and off for over a year, both in its original form and the new upgraded version, the MK II. I have compared it to a number of other phonostages, more and less expensive. The build quality is superb and it is adjustable (though these are internal and the adjustments are not infinite). The original version was very musical and quiet but not as wide a soundstage as I would like. As we carry a number of other high end stages I did compare it to them and it was most favorable. A customer compared it to another high end stage and chose it over his existing stage, in part due to the fact it had no issues with rf interference, a significance with his previous unit. The KA Ph2 has recently been upgraded to a mk II status and this is a significant improvement. The upgrade can be done on older models. The soundstage has opened up much more. As with most Karan Acoustic gear, it has a very liquid, tube like quality. As to whether you will like it, phonostages are one of the most subjective pieces of equipment and the only way you will know is to listen to one in your system. Again my apologies for being overly positive or sounding like a sales pitch, it is not perfect, but as most people won't have had experience with it. We are planning to show at CES and hope to remedy this. I hope this is of some help.
Best of luck
Gary
Best of luck
Gary