Sent this same question to Ortofon last year; here’s their reply:
"The parallel capacitance should be in the range of 150-300pF. The higher the capacitance value of the input of the phono stage, the duller the sound will be. The lower the capacitance the brighter the sound gets. A mismatch results in either a dark dull sound or an over bright distorted signal. The capacitance of the phono cable should be taken into account when matching the cartridge to the phono stage as the capacitance of the cable adds to the capacitance of the phono input."
Since I can adjust pF value on my McIntosh MA352, I just set the value to 100pF per recommendation of McIntosh. I’ve tried 50pF and 150pF and 200pF but 100 pF seems to be the sweet spot for the Ortofon 2M Black.
"The parallel capacitance should be in the range of 150-300pF. The higher the capacitance value of the input of the phono stage, the duller the sound will be. The lower the capacitance the brighter the sound gets. A mismatch results in either a dark dull sound or an over bright distorted signal. The capacitance of the phono cable should be taken into account when matching the cartridge to the phono stage as the capacitance of the cable adds to the capacitance of the phono input."
Since I can adjust pF value on my McIntosh MA352, I just set the value to 100pF per recommendation of McIntosh. I’ve tried 50pF and 150pF and 200pF but 100 pF seems to be the sweet spot for the Ortofon 2M Black.