Thanks to everybody who has contributed to this discussion.
I have decided to purchase a DS Audio DS003 optical cartridge, plus a new SoulNote E-1 Ver 2 phono equaliser stage. The SoulNote Ver 2 was only released last month, so there are no reviews available yet. I have not seen one, nor had a chance to listen. First shipments to Australia are scheduled to arrive tomorrow.
Unlike the original SoulNote E-1, the Ver 2 adds optical equalisation, as well as power for the optical cartridge. It also supports MM and MC cartridges, but not simultaneously as far as I know.
My reasons for going DS Audio, and the DS003 in particular, include
- I cannot afford higher end DS Audio cartridges
- The DS003 has a micro-line stylus shape (or similar)
- The very low effective tip mass should enable better tracking than other cartridge types
- The very high output voltage from the powered cartridge should improve signal to noise ratio, especially over LOMC designs
- The position-dependent signal, rather than velocity-dependent signal, is reported to mitigate surface noise, ticks, etc.
- There are no moving coils or moving magnets to induce unwanted noise
A downside is that the cartridge cannot run in balanced mode because two of the four wires are used to carry power to the LEDs.
The SoulNote decision is far riskier for me. I had not heard of SoulNote until I was offered a second-hand E-2, which is billed as the first (near) universal phono stage
- Reviews of the E-2 phono equaliser are excellent
- The second-hand one was sold just before I was convinced
- The E-2 deals with far more record-company-specific curves than I will ever need
- I cannot afford the higher-end E-2 or E-3
- The E-1 should improve my MM playback
- The E-1 Ver 1 was affordable (just)
Effectively, this cartridge purchase has roughly doubled my investment in the Holbo air-bearing system. Obviously I think the Holbo is so good it can take expensive cartridges

