A slight bit closer to topic... Dertonearm, your description of the difference between hybrid and all-tube cascode is very similar to how I would have described it.
There are a number of manufacturers that use semiconductors right at the input of their otherwise 'all tube' preamps. I feel they loose that last bit of natural detail, so I go for the tubes, although there is a little more noise. Despite that, I win back the detail that the semiconductors seem to loose.
In the last 2 years, we added a new CCS circuit that is able reject noise from the power supply while maintaining precise current for the differential cascode gain stage. This reduced noise, increased bandwidth, increased gain and reduced distortion all at once. The RIAA spec works out to 0.15mV; so with good tubes in the unit I've found no need for transformers.
We have offered the Jensen SUT as an option for years, but with the introduction of this circuit no-one has installed that option. We do run into noise issues on occasion- we have found that the vast majority of NOS tubes (that occasionally get installed by end users) are simply not quiet enough to do the job. However there is an ample supply of new tubes.
I have yet to find a transformer of any variety or application that does not have a sonic footprint, be it SUT, line, interstage or output. There are of course advantages- gain and isolation being two, but if a simple circuit can be devised to bypass the need for a transformer, then greater transparency is the immediate reward.
From a previous post I am asked to assume that you have one of the most neutral systems in the world; however I exhort you to consider that if you have heard a particular piece by a particular manufacturer, please keep in mind that we manufacturers are often doing our best to make improvements over the years and are often quite successful at that. So you would be doing any manufacturer and yourself a disfavor by 'assuming' that since you heard a unit five or ten years ago, that you thus 'know' what that product sounds like today.