Separates w/internal phono vs Integrated + phono

It depends on the intelligence of the Designer.
You can have a
- good internal Phono Board (rare)
- mediocre Phono Board (normal)
- good separate Preamp (also rare)
- mediocre separate Preamp (normal)
The only advantage is, there is no mismatch internally compared to separates from different manufacturers.
Audible Illusions had a good internal card, maybe Accuphase,too. Manley is good, too. They also have a interesting 2k phono amp......

You also have the advantages of separate power supplies for separate components, generally thought to be a good thing.

Though on the other hand, with an integrated you don't have to worry about component synergy to the same degree.

Elizabeth makes an excellent point. Around the time that CD's were annoited the "perfect" replacement for vinyl lots of manufactureres started treating phono preamp sections as an after thought.

Into the details:

I own a Modwright LS100 w/phono / KWA100SE combo. The phono stage is not an after thought and has been very well designed and received. Fantastic system but does it maximize my front end which is DV XV-1s/Rave One/TW 10.5? probably not.

I have never heard any of the high end phono stages which leaves me curious if my front end is being limited by the internal phono or how much more does a separate phono bring to the picture. With limited funds at this point in my life I see the option of moving to an separate phono + integrated? Gain in the phono but lose the separate advantage in theory, but maybe not is there a gain + gain situation?