I thought the Phantom sounded very good when I auditioned one in my system last year. I have never tried the 202 so I cannot offer a comparison. Usually I would always go with the newer model as long as the price difference is not a factor.
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Jim
AMP's:  Momentum M-400's
Pre-amp: D'Agostino Momentum HD
Digital:dCS Vivaldi DAC, Clock & Upsampler
Analog:SME 20/3 , Esoteric E-03, Benz Ruby
Speakers: Wilson Alexandria X2 Series 2
Cables: Transparent Opus Speaker & Interconnects & Power Cords
Cables on Digital Shunyata
Shunyata Everest Power Conditioner
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