02-25-11: Atmasphere
The impedance of the cartridge has nothing to do with its sound.
this statement is not true. what happens is that the cartridge, tone arm cable and phono stage input form an RLC filter which can have a resonant frequency in the audible range:
http://www.hagtech.com/loading.html
the bottom line is this is that near the resonant frequency (where there is a peak in the frequency response), energy can get reflected into the phono stage resulting in distortion. my guess is that pops in the record that occur at high frequency are probably what is of most concern here. what the cartridge loading does is reduce, or dampen, signal energy at the resonant frequency so that you get fewer unpleasant frequency artifacts in the audible frequency range.
as to the comment by elizabeth about the sound being brigher for higher impedance loads; this statement makes sense. the motion of the stylus generates induces a current, so the higher the input impedance at the phono stage, the lower is the current required for the cartridge to achieve a detectable voltage level. so a higher impedance means that the cartridge is less heavily loaded (i.e. it doesn't have to work as hard to generate the voltage) which results in improved dynamic response. in other words, the cartridge sound brighter because frequencies with less energy (and therefore generate less current) can achieve sufficiently high voltage levels to be heard.
if you really want a good explanation of this, jonathan carr, who designs the lyra cartridges, has provides some really good explanations on this. look through some of the comments in the thread entitled "anyone using a lyra delos yet".