Overload margin is a funny thing. In a purely analog system a pre with big margin simply punts the problem downstream. Either it gets attenuated by the volume control to a level where it doesn’t matter, or it clips the power amp, or it reaches the speakers where it isn’t easy to decide what happens. But letting it all the way through is likely the best answer.
If you like to listen loud you probably need a power amp with a lot of headroom, otherwise the preamp has just shifted the issue there.
With a digital element in the chain it is arguably a different problem. The opportunity exists to manage the transient earlier, instead of just punting the problem. This is especially so if the phono pre has a digital output. It makes no sense to demand that the digital output include the headroom demanded for clicks. It just forces the digital levels lower, and chews up bits. A 24 bit range gets us a lot of room, but nobody is going to be happy with a digital phone pre that requires you to turn up the analog gain after the DAC to a wildly different level than that used for a digital source into the same DAC. So it makes sense to handle overload and clicks in the digital domain, and deliver digital output with level normalised properly to the wanted audio. If you then put a DAC into the same box, that DAC output also has properly normalised output levels, and by definition has essentially no overload margin for clicks. Demanding a significant overload margin makes no sense here.
And, well, the Puffin does process overloads/clicks in the digital domain. QED.