"Best" is in the eye/ear of the beholder. There is no definitive "best" anything, it's all subjective. When you ask a question like this, the answers will always be what folks think is "best" to them in their system.
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I bought three different PS Audio GCPH's (new) at different times to see if I could find one low enough in noise and hum to use with my 0.26mV MC cartridge. They were all objectionably noisy and I sent them all back. Maybe the other posters had better luck than I did but I think they probably are just using higher output cartridges where the noise level would not be as noticeable.
For my money the Ray Samuels Nighthawk F117 is the one to get. It is quiet, sounds very good and will accommodate almost any cartridge out there with its front-panel rotary control knobs. YMMV
Also, if you could find a used EAR 834P or Cayin Phono One for a good used price, that would be even better.
New issue of Stereophile Recommended components gives "Bob's Devices Cinemag" (uses 2 Cinemag 3440 step-ups) a class B rating for $400.Bested step-up in reviewers Shindo Masseto pre-amp.The Soundsmith MCP2 ($700) was also class B. F-117 Nighthawk was rated class C.
Silvercore One-to-Ten ($630) was also class B.
Seven phono pre-amps are compared, including the Sounndsmith MMP3 and MCP2, so you may want to buy the October 2011 issue.
I have cartridges ranging in output from .2 to .3mv and have never had a noise problem, even at the highest gain level setting so I dont know that it is the GCPH that is causing the problem or maybe something else in your system or an interaction between the two. All I can say is that noise is not an inherent problem in the GCPH. It is at least as quiet as my SimAudio LP5.3.
I would like to thank everyone for the thoughts regarding my request. I thank you for the different suggestions. I also want to thank Hammy for his recommendation in checking out the new Stereophile Magazine.
Again, thanks for all the help. Any additional thoughts or comments would be greatly appreciated.