I can't comment on the P5, but I am a total vinyl newbie and recently purchased a Scout and a Dynavector 10x5 and am extremely happy. I have not heard the Rega P5, or any Rega in my system for that matter, so I don't know how the two compare. All I can say is that I am really enjoying the Scout/dyna combo. I am using it with a Jasmine Audio LP2.0SE phono preamp, a BAT VK-300xSE integrated, and a pair of Dali Helicon 400 mk1 speakers. Very nice sounding indeed! I am sure the P5 is a great sounding table too, although from what I have heard/read on the forums, quite a different "house sound."