I previously owned an Ayre AX7E and replaced it with a Luxman 505ux and I'm very happy. The Luxman simply sounds better to my ears. It does have decent phono input but not nearly as good as the Graham Slee Reflex C that I'm using. I also like the loudness option for low-level listening (my home office is also my music room!). I'm using the Luxman with Harbeth SHL5 speakers and it's a great match.