The FOSI X5 represents a compromise. This lies in the use of the OPA1612 as the input amplifier. For MC and MI (moving-iron, e.g., Grado), it is an excellent choice that drives these systems to the limits of what is physically possible. For MM (moving-magnet, AT, Ortofon, etc.), the situation is different.
The current noise of the OPA1612 quickly becomes disadvantageous here. A NE5532 would be more suitable. The reason is that the comparatively high current noise of the OPA1612 is converted into voltage noise by the high generator impedance of MM cartridges. The disadvantage amounts to roughly 8dB.
Using the NE5532, a Fosi X5 would be better equipped if only MM were considered. Fosi would have been well advised to make the input op-amp replaceable, but that isn’t feasible due to the different package formats—SMD versus DIP, of the opamps in question.
So much on SMD and its drawbacks.
When analysing the situation with MM, the X5 isn't as superb as it is with MC and MI, but it doesn't fall back by much. Even with MMs the results are very good even by today's standards (-75dB or there abouts). Admitted, the high selectable gain settings allow to raise the volume to levels that would promote some little hiss to the level of audibility. But then dare to drop the needle into the groove, and watch your speakers decompose ...
Below is a comparison of the Fosi X5, once with a Grado Green and once with some AT model. Please note: the difference is only partly an effect of the X5, because MM cartridges inherently produce significantly more noise than MI. MM just generate more Johnson noise to begin with. A fact well known back in the day--by engineers. Caption: red the AT, green the Grado, level is calibrated such that a 1kHz input @5cm/s (standard) would yield -6dB full scale (0dB). Ignore the hum, it's from my setup, really. The green curve is contaminated by my Scarlet ADC--that quiet is the Fosi X5. MC would read quite similar to the MI even if the amplification is adjusted by +20dB.
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