JohnMichael,

As a long time user of the Phonomena (first generation), I have to say that it's a phono preamp that punches way above it's weight class. The Phonomena II is an improvement in that you don't need to remove the cover to change settings. I've been considering an upgrade to the Jolida, but like you I've read multiple recommendations that it really does need upgrades and better tubes, thus bringing the price up.

A few others I am considering:

Grado PH-1

Clearaudio Smart-Phono

Pro-ject Tube Box SE-II

Sutherland Ph3D

Aqvox - Phono 2Ci Balanced Phono Preamp

The thought of running a sensitive component like a phono preamp off of batteries has always seemed to make more sense to me. Phonomena also makes one that runs off a recharchable battery, the Nova Phonomena, which you can leave plugged in, but then automatically disconnects from power when in use - very cool.

Of course, if you are willing to purchase used, there are lots of other options, including this first generation Phonomena cover-less listed on eBay for $345:

http://cgi.ebay.com/Musical-Surround...item29ffbaef68

It's been listed for a while (probably because it lacks a cover), so you may be able to haggle with the seller and get a better price. You can probably score a second-hand Phonomena cover from Musical Surroundings for very little.