I used to own the PhD. Yes, you can use MM cartridges. It's likely that you can use the stock gain board at 45db and loading board at 47k for most MM cartridges.
Although the PhD is the quietest phono stage I've owned (very important since I use Avantgarde Duo horns), I prefer the overall sound of the Diyhifisupply LCR Cole phono stage at half the price. Considering that it uses vacumm tubes, it's quiet enough in my system with more refined sound. I recently sold my PhD here for $2200. They come up fairly often.
Although the PhD is the quietest phono stage I've owned (very important since I use Avantgarde Duo horns), I prefer the overall sound of the Diyhifisupply LCR Cole phono stage at half the price. Considering that it uses vacumm tubes, it's quiet enough in my system with more refined sound. I recently sold my PhD here for $2200. They come up fairly often.