I've never heard a Decca London Ref, sorry.
The original SG I heard (at RMAF a few years ago) had oodles of dynamics, a full frequency range, speed, weight, heft, etc. Everything it did it did well and nothing was distorted. However, it lost or severely attenuated the complex harmonics we're used to hearing on two familiar Vivaldi and Handel LP's. FWIW, we hear similar behavior from most SS phono stages and amps. Even the best ones we've heard (like Raul's original Essential phono/line stage) lose the lowest levels of musical harmonics. They simply fall below the sound floor of the component and are not retrieved.
People who listen to rock or other amplified/electronically manipulated music might not notice or care. We listen almost entirely to classical, with a heavy emphasis on original/early instrument recordings. Reproducing harmonic complexities with completeness and accuracy is essential to reproducing the actual sound of such music.
My resident physics/materials science genius predicted harmonic attenuation before we ever heard the SG. According to him it's virtually inevitable due to the the nature of strain gauges (don't ask me to explain the science, I'd make a fool of myself).
***
Lew,
We haven't heard an Astatic. I'll have to dig around the pile to remind myself what that MM is. I do remember that Paul and I both said that no sub-$2K LOMC that we've heard outplayed it in any significant way. A steal at 1/10 the price (whatever it is, lol).
OTOH, the MI we auditioned a couple years ago was unlistenable (to us). Paul instantly stood up and left the room, a familiar sign that something was seriously flawed and paining his hyper-sensitivity. I struggled along for a couple of LPs, tweaking this and that. I gave up once I realized that what I was trying to fix (a phase-shifted echo or ghost of each waveform) was inherent and unfixable.
It took me 30 minutes to figure that out. It took Paul 30 seconds. That's a fair estimate of the proportion between our hearing and our IQ's. ;)
Paul knew nothing about this cartridge except what he heard, not even the name. At dinner he asked, "What kind of cartridge was that? It must employ a different technology than MM or MC to behave like that. Does it work by induction or something?"
He scares me sometimes.