Breakdown of Turntable Performance

I'd start with a tt's ability to have it's platter effectivly isolated from its bearing.

A $50 AT95E cartridge on my Music Hall MMF 7.1 sounded better than a $800 Clearaudio Virtuoso Wood on my Music Hall MMF 2.2 table.  Better feet, a more solid plinth, a detached motor, a better tonearm, better wiring... those things all matter. 

Where it especially makes a difference is in the bass, but also throughout the entire range.  No matter what mods I've made to the 2.2 or what cartridge I put on it, the bass has that "cardboard" sound (I don't know a better way to describe it) while it is very solid and tight on the 7.1.  The cheaper turntable just doesn't have the same level of vibration isolation and it's apparent in the sound.

A cartridge can perhaps have more impact on the character of the turntable's sound much like speakers do, but much like your entire system, if you have a sub-par source, amp, and/or preamp ahead of the speakers, they may sound different, but not as good as lesser speakers would with better electronics in front of them.  

If I had a $1000 budget I'd rather have a $700 table with a $300 cartridge than a $300 table with a $700 cartridge.

A cheap/effective alternative to all of this is a proper platter mat.

The MyMat is quite possibly the most effective cure for most tt ills. Read a review on "What’s on your turntable tonight" thread.

The amplitude portion of the musical waveform comes from the cartridge, but the frequency portion, the time element of that waveform, comes from the turntable. The most important characteristics for a turntable are stable speed accuracy and low noise. If you want to talk about turntable construction, pay attention to the motor, controller mechanism, bearing and their implementation.

The tonearm must hold the cartridge in the correct three dimensional alignment with proper down force to allow the cartridge to extract maximal information from the groove wih minimal distortion.

Without these elements you won’t get what you paid for from whatever cartridge you have

I am running a cart that cost me $150 on a $3200 table/ arm .
Nuts right?
It's all about synergy, you just cannot make any reliable call on this type of thing.

And as a beta tester of Slaws MyMat I can attest to the veracity of his statement.
Anyone is free to pm myself for more detail about the results.
But much improved Dynamics and tightness of bass are easily audible.
For me it really opened up the upper registers.
Obviously ymmv.