Vintage Phono Stage? pros and cons


With so many different phono stages out there, why buy new? There has to be some fantastic deals out there on vintage phono stages if you know your history of the giants going back in time. Do the new phono stages offer anything new? has the technology gotten better or is ease of flexibility the only thing that has improved? does the sound degrade over time?
musichead
I had the pleasure of using a vintage Accuphase C-240 preamp recently for a few weeks when it was loaned to me. The thing is a build like a tank and i found the build in phonostage to be very good. 2 inputs, switchable headamp circuit for LOMC , loading option up to 100kohm and low noise. The only downside is some slight weakness in PRAT/drive when compared to my other stages. Definitely some gems out there.
I found an old used Audio Electronic PH-1 phono at a garage sale for $5. I am currently using a PS Audio GCPH. I had to hook this little unit to my table for fun. All I can say is wow!!! I am now in the process of replacing the caps and some of the old wire. I plan to also do some tube rolling. This hobby can be a lot of fun. I will probably have less then $100 in this great little piece.
You do need to consider the amount of gain needed if you plan to use the lower output moving coils (I do not). I am very happy with my solid state CJ EF-1. Quiet as the grave, it's was $2000 a decade ago and is a set and forget unit. CJ is always there to repair it if necessary. They often sell for under $1000, in perfect condition.
I think the problem one will find with the "vintage" phono stages will depend in part upon which cartridge you're planning to run. If it's a low output MC, then you're going run into noise and inadequate gain problems. In the end, this will lead to the loss of dynamics, resolution and transparency.

That said, I do find newer phono sections as a whole much quieter than older phono stages.
Interesting responses! I currently have a Modwright SWLP with the internal phono section. Sounds great and is fantastic value for the money. I have been rebuilding my system from the TT (Raven One/Phantom/XV-1s) down and suspect there is more to be gained at the phono/pre side of my system. My main system is vinyl only so a phono w/volume control or phono/pre combo like I have is ideal. I want to avoid the cost of separates for a quality pre and phono. There must be lots of vintage equipment that would work. Any suggestions? or hidden diamonds out there?