And the other question is you elude to both at once. Many pre's will do each but you will have to change gain and loading.
Phono pre amp
I recently purchased a new TT a VPI Prime with a VDH DD2 special MC cartridge, I'm very happy. I still want to use my previous TT which was a Denon DP51F with a Ortofon MM2 Bronze cartridge. My VPI is plugged into the phono stage on my Yamaha AS2100. The question is, will I get more out of the VPI if I buy a (better) separate phono stage for the VPI and use the Yamaha phono stage for the Denon? If so, what phono pre amp would be good for the VPI?