I've been using the P2 on the phono stage of my 1976 JVC JA-S31 for about a year, no hum with the cables in the correct sided RCA connections on the amp side.
I hear the hum on this amp if I don't have the black side connected.
For grins I tried switching the turntable cables on the Reduction, red to black, black to red, still have a hum
For all this I think the turntable is setup correctly. I would have to open the tone arm to do this? See picture.
Tried connecting Reduction to my Schiit Magni, still have hum
Pictures of my setup...