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I have owned dozens of cartridges and the Denon 160 is without a doubt the king of budget cartridges. Has the PRAT of the Denon 103 but with more detail.
It really likes a warmer sounding phono stage like the Pro-Ject tube box or the Rega Fono. While reasonably transparent many will perceive the 160 as bright. It is not. However, system synergy should be a consideration. Also it will work fine at 47k but sounds better if you can load it a 10k.
It will be a good choice for you if your modded Cambridge phono is tilted slightly to the warmish side. For example a Gram Slee phono would probably make the 160 sound a little too dry and lean.
Also the soundstaging of this cartridge is its forte --- as in HUGE !