Home audio, especially 2 channel systems with analog being the primary source will rarely benefit from balanced connections. Adding balanced operation in this scenario will only add more circuitry with no real benefit and likely have deleterious effects. One should attempt to have a full-featured preamplifier that includes a well designed phono stage. This approach has significant advantages. The installation is much simpler, the cabling requirements are simpler as this approach has a concentrated purpose. Avoiding ground loops is generally not a problem with this approach and cable lengths can be kept to a very reasonable length. Plus the number of cables is minimized.
Balanced topology imposes twice the circuitry into the signal path. Abandoning single-ended connectivity is not an advancement.
Balanced topology imposes twice the circuitry into the signal path. Abandoning single-ended connectivity is not an advancement.