Phono Preamps???

[DENIM_CHICKEN]

So I just got a B&O Beogram 1700 for an absolute steal. The only problem is my stereo does not have a phono input. Does it matter what phono preamp I get? Will it effect the sound quality or no?

I am currently looking at this one :http://www.parts-express.com/behringer-pp400-microphono-ultra-compact-phono-preamp--248-6348