Improper (not as designed) loading of the pickup will probably affect its sonic qualities (eg: frequency response) as well as volume. There is no risk of damage.
I have not seen the schematic of the Accuphase amplifier, but I don't think you can always assume that the MC input involves an extra stage of electronics. I have a Tandberg 3008A preamp with MC and MM inputs. It has two completely separate phono preamp stages, with identical circuit topography but different component values as necessary to yield high and low gain performance as appropriate.
I have not seen the schematic of the Accuphase amplifier, but I don't think you can always assume that the MC input involves an extra stage of electronics. I have a Tandberg 3008A preamp with MC and MM inputs. It has two completely separate phono preamp stages, with identical circuit topography but different component values as necessary to yield high and low gain performance as appropriate.