I think that you have the VTA part, more or less, correct. But keep in mind that there is only one correct way for a stylus to meet the groove; this is not a tone control.
However all cartridges have a high frequency resonant peak. That peak usually falls at the top of the audible range (your audible range, not mine, I'm 53 years old). The impedance that the cartridge sees is, effectively, the damping of this primary resonance. Too little and the peak makes things too bright, and too much and the the sound is overdamped. Of course, all frequency response abberations have an effect in the time domain and you can see this resonance on square waves, as well as ringing in the impulse response. But the two issues, loading and VTA are completely independent and different.
However all cartridges have a high frequency resonant peak. That peak usually falls at the top of the audible range (your audible range, not mine, I'm 53 years old). The impedance that the cartridge sees is, effectively, the damping of this primary resonance. Too little and the peak makes things too bright, and too much and the the sound is overdamped. Of course, all frequency response abberations have an effect in the time domain and you can see this resonance on square waves, as well as ringing in the impulse response. But the two issues, loading and VTA are completely independent and different.

