The SP-16 falls well short of the SP-11 in sound quality.
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For what the SP-11 seems to be selling on the used market, $2000-2200, the LS5 and PH2 can be had for only a few hundred $$ more, and this pairing is far beyond the performance of the SP-11. If you do not use a phono source, then no need for the PH2. The remote for LS5's was optional but many have it.