There is a lot of confusion over the differences between various MA-505 models. I can only provide you with what is my understanding and others may correct me if I am mistaken.
MA-505 Mk I - the original MA-505 dynamically balanced tonearm. A 9" "S" arm w/ copper wiring. Still very good by today's standards
Mk II - The MkII is am improved version of the MkI
MA-505 Mk III - 9" straight tonearm w/ copper wiring. It was designed to mate with very low compliance cartridges which were all the rage in the 1980s
MA-505 L - a 12" version of the Mk II tonearm. I have never seen one that was based on the Mk I but maybe someone else has.
MA-505 S is a 9" MkII arm, supposedly wired with silver wire. Note: Maybe - I once owned an "S" arm and when I rebuilt it I found that the internal wire was silver-coated copper. Maybe mine was an anomoly
MA-505 LS is a 12" arm version of the MA-505 S
MA-505 X - a 9" MkII arm featuring a heavier arm base
MA-505 XII - improved version of the MA-505 X. Includes heavier arm mounting bracket and oil dump mechanism
MA-505 LX - 12" version of MA-505 X
MA-505 XS - 9" MA-505 X tonearm w/ silver wiring
MA-505 LX II - an improved version of the 12" MA-505 LX. Same improvements as the MA-505 XII
MA-505 Mk I - the original MA-505 dynamically balanced tonearm. A 9" "S" arm w/ copper wiring. Still very good by today's standards
Mk II - The MkII is am improved version of the MkI
MA-505 Mk III - 9" straight tonearm w/ copper wiring. It was designed to mate with very low compliance cartridges which were all the rage in the 1980s
MA-505 L - a 12" version of the Mk II tonearm. I have never seen one that was based on the Mk I but maybe someone else has.
MA-505 S is a 9" MkII arm, supposedly wired with silver wire. Note: Maybe - I once owned an "S" arm and when I rebuilt it I found that the internal wire was silver-coated copper. Maybe mine was an anomoly
MA-505 LS is a 12" arm version of the MA-505 S
MA-505 X - a 9" MkII arm featuring a heavier arm base
MA-505 XII - improved version of the MA-505 X. Includes heavier arm mounting bracket and oil dump mechanism
MA-505 LX - 12" version of MA-505 X
MA-505 XS - 9" MA-505 X tonearm w/ silver wiring
MA-505 LX II - an improved version of the 12" MA-505 LX. Same improvements as the MA-505 XII