Here is my biased and subjective opinion, after having my M77 burned in for two months now, and comparing it to some other phono preamps, it does sound very nice! And, it does benefit from better components in the phono section in particular, I used Dale RN65 resistors and Silver Mica caps, as well as silver coupling caps, and the preamp does make the difference audible.
I much appreciate the midrange, very detailed and nice warmth but not too much. In comparison, many (semiconductor) preamps sound clearer but more cold and sterile. Highs are very good and clear. Bass is fine albeit a little weak, probably need to increase the coupling caps a little bit. No lack of fine details.
Many reviews of the original M77 have talked about the "added golden shine" or similar wording, I will admit that I really do not like this kind of review language. But my clone does something to the music, that makes me understand why people would say so. I don't want to say it "adds" to the music, it rather "presents" it in a slightly different way, which is probably due to the subtle but present 2nd and 3rd harmonics.
(Now I sound like a hifi reviewer

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As for music, I really enjoy it with chamber music, vocal jazz, and similar. Not sure it is the best choice for hardrock, it lacks a little punch - the presentation is never forward or edgy, always on the lean-back side of things.
(The rest of the chain was a Dynavector XX-2 with Lundahl step-ups, power amp is a modified Quad 405, and Quad ESL63 speakers.)