You might want to reconsider the 'phono only' setup. Nothing more satisfying that recording that precious vinyl on to Open reel. My wife hasn't played a record in 25 years, she does however use the reel to reel regualrly. Use a high quality preamp.. you won't miss a thing. Oh, and you also might want to try dubbing your favorite CD's on to open reel. I don't know why, but they suddenly become listenable. I know many, many others who do so and have experienced the same thing.
Enjoy
Norman
Enjoy
Norman