I saw a review where someone ran their turntable into their phonostage with two outputs. They ran one output straight into their preamp and the other into the Waxwing and then their amp. So, effectively, when they wanted pure analog the could bypass the Waxwing and when they wanted the benefits/features of the Waxwing, they could include it in the chain.
I imagine this could be interesting to do....my phonostage has both balanced output and line level, so I could use it this way.
My question is, would there be any adverse affect to having the gain/load settings of both the phonostage and the Waxwing in the chain? Would you just match them?