I consider the 103 one of the worst sounding moving coil cartridges (and one of the worst carts aimed at the audiophile market in I've heard in general, other than Sumiko MMs and Ortofon 2Ms and early Shures). The stock 103 I had was veiled, floppy sounding, had poor resolution, sounded overly warm yet forward and didn't have the sort of sound I consider 'good'. The diamond exhibited zero wear under the microscope, and sounded like the other 103s I've heard, so....I trust that mine was operating correctly. It also tracks too heavy from stock-I am uncomfortable tracking at anything over 2 grams (really, anything over 1.5g-I wasn't in love with my Lyra's 1.8g VTF but I love the sound!) unless there's some warranted reason to do so (skips, vintage disc playback, etc)-cartridge suspension is not a warranted reason for daily heavy tracking. I used the 103 in a Jelco SA-750E with a 14g headshell and an Audio Technica AT1009 with the same headshell. More than enough mass. I also used the recommended Denon AU-320 and 340 SUTs along with real step up circuits in my Cambridge Audio Duo Alva. I couldn't make the 103 work well. Perhaps it would work well in a system that needs a veiled cartridge with a slightly forward sonic balance but without any of the actual resolution and sound quality I expect. The long cantilever and spherical diamond are two things I feel have a LOT to do with the sound.
My suspicion is that the 103 was popular because it was rugged, probably better sounding than other stereo cartridges of 1964, but like everything in audio, we have evolved and not everything vaunted in the past (in fact, most things vaunted in the past) are severely problematic when inserted into a high performance stereo system. The stock 103 put me off Moving Coil cartridges for almost five years-much to my dismay when I started listening to them again.
No one in the US recording or broadcast industries I've heard of used the 103.
The 103D I have sounds much much much better, and tracks lighter.
My preferred cartridges I have in my collection are my Lyra Kleos, Denon DL-305 (with a sapphire cantilever and FG2), Stanton Epoch II HZ9S, SoundSmith The Voice, Stanton 881S (the favorite of many mastering engineers, who are far far far more critical than radio broadcasters!), Audio Technica AT150MLX, Benz Micro Ace HOMC, Stanton 681EEE-S, Technics EPS310MC. I have a few dozen cartridges which are supposed to be nice that I haven't listened to yet. I've heard great things come out of friends' Dynavector DV20X2H, Audio Technica AOC9XSH Benz Micro LP-S, Sumiko Alchemist IIIs, and Transfiguration Orpheus. What I'm getting at is-I have heard a great many cartridges and the 103 doesn't hold up. I have similar thoughts about the 103R. This obsession with spherical stylii is frustrating.