the key with LOMI and SUT's is the LC resonance gets to be too close to the top of the audio band for my liking. assuming 2.75mHy and a 150pF load the 1:10 will reflect back 15nF which will resonate with the 2.75mHy @ 25kHz. The typical 47kΩ load will go a long way to damp that resonant peak to something between 1-2dB which is actually a bit better than the 1-2dB drop @ 20kHZ from a simple 470Ω resistive load.
All of the above is simply the cartridge L resonating with the reflected capacitance and does not take into account the behavior if the SUT being thrown into the mix.
dave