I agree with uberwaltz
"On a budget of $500 or less I do not think you would end up being very impressed compared to say a $500 CD player."
I did not see any significant enjoyment with vinyl until I was about $3-4K into it. Turntable, cartridge and phono preamp are all very important parts of the formula. It's OK to start small and go the upgrade route, though. It's a good way to go as you can hear the differences of upgrades as you go. For me that journey was a lot of fun and a lot of learning happened.
"On a budget of $500 or less I do not think you would end up being very impressed compared to say a $500 CD player."
I did not see any significant enjoyment with vinyl until I was about $3-4K into it. Turntable, cartridge and phono preamp are all very important parts of the formula. It's OK to start small and go the upgrade route, though. It's a good way to go as you can hear the differences of upgrades as you go. For me that journey was a lot of fun and a lot of learning happened.