I just purchased a Music Hall MMF-5 turntable and Channel Islands VPP-1 phono preamp. I bought the MMF-5 (which is a very highly regarded budget turntable) for $350 used. I bought it from a guy over at
www.audioshopper.com. Another good place to look for high end used equipment is
www.audiogon.com. The MMF-5 comes with a good cartridge (Goldring 1012), glass platter, dual plinth and record clamp. The MMF-5 lists for $629 and can be had in the $550 range, new. The MMF-7 is a step up - better table, cartridge, etc. VPI tables are also excellent, but more expensive.
The Channel Islands pre seems to be very nice for $250 shipped (from
www.modwright.com, list is $299). I am still breaking it in and it sounds nice. I will probably either get the upgraded power supply that is available ($159) or go with the mods that modwright offers ($200) or may do both. The CI VPP-1 is supposed to be better than the Creek stuff, sound wise as well as the fact that the CI VPP-1 handles both moving magnet and moving coil cartridges, whereas the new Creek phono pre that does both is $100-150 more expensive. The Monolithic PS-2 (or PS-1 if you can find them, the PS-2 just replaced it) are excellent units as well. They too offer an upgraded, dual mono power supply. The PS-2 is a little more expensive than the VPP-1, but not that much.
Good luck.
Tim Terral
PS: If any of you have not listened to your old vinyl on a decent stereo in a while, you will be AMAZED at how much better it sounds than CDs. I have just had my new TT for about a week and while most of my records date back to the 70s to mid 80s, the ones that were recorded well sound incredible. Badly recorded vinyl, sounds, well badly recorded, just like a badly recorded CD. Another plus with listening to the older stuff, they actually have dynamics. I had forgotten what an album sounded like that wasn't squashed to shit. Incredible.