Measurement of load for MM (particularly) is needed. Ditto noise with an actual cartridge attached for reasons I posted about (and provided data for) a couple years ago.
For the S/N freaks out there, remember that, putting aside mechanical issues, cartridges have Johnson noise, and at higher frequencies where the inductance becomes a significant part of the source impedance, there's increased Johnson noise from the input resistance. Again, I've posted data showing this.
edit: Here's an example of the rise in noise in the upper octaves that is NOT captured using Amir's testing regime.
View attachment 420882