Can upgrading your front end make your bad records sound good?

I have always felt that every true upgrade to phono reproduction brings LPs that I had earlier felt to be mediocre or even terrible, in terms of SQ, to a higher level of SQ, where at times I have come to love some LPs that I once would have given away.  I can name two very popular labels where I have found this to be the case, one is Atlantic and the other is Blue Note.  Yes, I was once guilty of the blasphemy of not liking Blue Note LPs very much for SQ, although I am a big fan of the best jazz artists that once performed on their LPs. 

When SQ increases performances can be more appreciated.
Now listening to a very old sounding Billie Holiday. Clearly hearing the phrasing and emotion is thrilling. Big orchestral pieces are still a challenge. But hearing them less congested is cool. And piano sounds much closer to the real thing. And this is just with the Triplanar. Very interested to hear the $28k MP-1 and the $12k Lyra.
It is a major investment. Should be clearly reflected.
A significant current issue is that the compliance of the Miyajima cart is a mismatch with the Triplanar. I get distortion on dynamic peaks. The Lyra is a strong recommendation from Triplanar. Think the proper tracking will be excellent. And I ought to get a ton more details!

@mglik 

Your new cartridge and preamp should be great.
I would suggest you do one change at a time, do one, have a listen for a couple of days, and then the other - this will give you a better understanding of your system, which will be handy for future upgrades.

Thanks Dover,
Actually I should have the preamp in a week or 2. The cartridge will take many more weeks to arrive. There is a major backlog of orders for all Lyra carts.