Very interesting, but I think it's more about figuring out the weakest link in your system as well as system synergy, rather than a strict hierarchy.
My system consists of a significantly upgraded Garrard 301 with an Ikeda tonearm.
The tonearm cable is Nordost Odin 2, which was a significant upgrade or the Nordost V2. I didn't think it would make much difference and I was wrong.
The cartridge varies, but is usually the Ikeda 9GSS or MSL Platinum.
I just upgraded my preamp to the Luxman CL-1000, which was a significant upgrade. At one point I had a couple of expensive stand alone phono preamps, but I prefer having them integrated into the preamp to cut down the box count.
According to most formulas, I have too much tonearm cable, and maybe not enough phono preamp depending on how much of the CL-1000 is attributed to phono preamp. As for the Garrard, people love or hate it. I love it.
Overall IMO a well balanced and excellent sounding analog front end as far as I can tell