Thanks for your replies, koyaan and butchgo, pessimistic as they are. To my ears the phono preamp is more than "just thrown in" - though as stated elsewhere I'd have liked about 10db more gain there - and KCLU's sound on the LA Philharmonic's live broadcast when wonder boy Gustavo Dudamel conducted the Symphonie Fantastique was hair-raisingly good. My gripe is just the poor search performance on FM (AM too, though I rarely listen to it).
Scott, any words from you?