Use the twin inputs on the 240. Set the master volume at one' o'clock on the pre-amp. Then start with the twin controls off and slowly advance the twin volume controls to 11 o'clock or until the volume is a touch louder than you like to listen with your favorite type of music.. If the sound is to loud back down the volume on the power amp equally, if not advance the twin amp controls toward 12: 0'clock position. . . When finished you should have the Master volume control between 10 and 12: o'clock for normal listening. And there should be no hiss coming out of your speakers. Week signals from some Classical recordings may require you to advance your volume control as high as 2 or 3 o'clock, and there may be a touch of noise in the back ground in that case. Its not unusual for settings to change with the recordings, your personal tastes, types of music or how you feel that day. . So we re looking for a pleasant compromise with the preamp control set around 12:00. Why 12: because that gives you the best performance when you want to use the loudness function, too when listening to music at very low levels with the master control set below 9:00.
There were so many different LP recording companies that each had their own idea as to what was perfect reproduction could also add to the issue. Its a lot easier today with digital formats. Home theatre is usually the easiest of all, though there are always exceptions. In analog the exceptions were the rule. Just look at the choices for EQ curve for different LP's . Signal to noise was a big issue in the 60's . Today we have plenty to be creative with, back in the 60's it was an important issue in all types of sources. So getting the settings just right for your listening space and choice of speakers is very important. for a great listening experience. Mcintosh was unusual in that they preferred using 2.5 volt sensitivity for their amps via the Stereo inputs. Other companies used 1.7, 1.4, 1.0 and .75 volt as normal operating levels. Today we have as much as 20 to 25 db more signal to noise ratio for phono inputs, and the new electronics can sustain higher peak levels increasing the the dynamic range.