Electronics Confucius says:
Lower value resistors introduce less noise in the feedback loop than higher values.
Noise is amplified at the same rate as the signal. If the noise is lower than the signal it can never overtake it no matter how much gain you have. You can string a hundred amps together and the noise will still be the same ratio as the signal.
The output of the CNC is comparable to the P06 with 100/3320 first stage and 150/3320 second stage, I have compared both many times. And never needed to adjust the volume control. And IMHO the output of the P06 is on the high side as it's louder than every other Phono Stage I have tried. (And that's a lot

). When using it with my Luxman L-430 I only needed the volume control at 9.00 o'clock maximum.
The noise level of the P06 is the same as the CNC, neither can be heard without your ear against the speaker though, that being said the 640P has lower noise than both of them.
The headroom argument is either not relevant to genuine rail-to-rail op amps or my ears are shot, they don't seem to suffer from loss of head room at lower voltages. The AD823 runs beautifully on batteries and is recommended to do so, my P06 sounded much nicer on twin 9v batteries than it did with the P05 or my other much more highly filtered and lower noise PSU.
As to using batteries I recently read a review of the Acoustec Sutherland PHD Phono Stage that costs $3,000.00 and has rave reviews. Here is the start of the review:
AC power lines create noise. Period. There's only one feasible way around that annoyance. Batteries. Designer Ron Sutherland brings us a new battery-powered phono stage with smart circuitry that allows this preamp to turn on and off automatically, thereby maximizing the life of your batteries.
One of the noisiest components in your home stereo is the incoming AC power. Even if it were delivered to your home as idealized 60Hz sine wave, it would not stay that way long. The audio power amplifier does not draw current from the power line evenly. There is a large current spike drawn when the sine wave reaches its voltage extremes, while at other times current draw is essentially zero. High frequency harmonics and noise are introduced into the same power line that's used for sensitive phono preamplification.
That's probably why people say that the power supply is half the battle with amplifiers.
Using two 6v lantern batteries per side is the way to go IMO, it offers long life, low cost and better sound than using a linear supply. Try it and let your ears be the judge.
