Why do you need 7.1 if you’re playin’ stereo vinyl at home ?
I do not have at the moment a separate 2 x mono preamp (one however is being built for me bespoke by Tom Evans)
So the phono goes into my sp3 where it is decoded into 7.1 - which separates the signals into excellent splits around surround speakers. It does not just "surround" the sound but splits them up in a good way. E.g in Mandolin Wind there are 3 guitars that in stereo sound like one or maybe two (dependent on the speakers!). The Bryston splits those into different speakers so you can hear quite distinctly. Often also percussion is separated to hear the decay of those items well as they are often coming out of a surround and not L or R. Great for me as I used to play in an orchestra and I love being "in" the sound rather than face a wall of it.
Not many companies' products do this. Bryston and Lexicon do very well and Chord did some time back