Agaffer,
As long as you're getting uncompressed dynamics and not pushing the Hovland above its own noise threshhold then I agree with Newbee.
If you are experiencing either of those problems then I'd continue to look for a solution. A stepup tranny as BMCkenney suggested will not add any noise if you get a good one. It can even reduce noise, because you're not pushing the gain stages so hard. That happened when I added my trannies, but I had a new .5mv MC going into an MM phono stage and HAD to have more gain.
As long as you're getting uncompressed dynamics and not pushing the Hovland above its own noise threshhold then I agree with Newbee.
If you are experiencing either of those problems then I'd continue to look for a solution. A stepup tranny as BMCkenney suggested will not add any noise if you get a good one. It can even reduce noise, because you're not pushing the gain stages so hard. That happened when I added my trannies, but I had a new .5mv MC going into an MM phono stage and HAD to have more gain.