This works for many, and may be preferable... But in my main upstairs setup, it's a small workroom and only has one electrical outlet. For that reason, I mainly use a restored receiver or integrated amplifier, as I also have to connect turntable, lamp, computer, DAC, and sources. I rotate in my Fosi and Schiit stuff to this system, but having to plug in three things (amp, pre, phono pre) versus one integrated is less preferable.
Since it's a small room, I don't need a lot of power. Currently I use a fully restored Marantz 2216 (c.1978) with a switching input going into the AUX so I can have CD, tape, DAC and phono all available.
I admit my use case there is very specific. But given the vinyl resurgence, I continue to hope that Schiit, Fosi or someone else will have a preamp at some point that has a slot for an internal phono pre.
I do think the Fosi P4 and the Schiit Saga 2 are going to fit a much wider use case for most folks. As I use both over time in other setups, I find the main drawback of the P4 is the big volume jump at the lower end of the pot range. It's nice to have the remote, but I find the only way to adjust volume accurately at lower levels is to use the volume control on the amp (usually a Fosi or Aiyima product). The Schiit is much, much better at level matching and lower volume level adjustments.