Where is the significant point of diminishing returns on hi-end turntable?

I think the reason that the question posed by Dr. Porsche has elicited so many disparate responses (and arguments with nattering nabobs of negativism) is that the question calls for subjective opinions; we all have one.  I have always had the "feeling" that there is a point of diminishing returns when it comes to all or any type of audio gear, but I have no idea where that point lies.  I don't think any of us have an answer that is generalizable to everyone else.  This dilemma has made a cheapskate out of me, most of the time, and induced me to become a DIY tinkerer and builder.  I do know what capacitors and resistors I prefer, but I could not and would not dare tell anyone else where he or she should stop spending money on a turntable.  For me, the "answer" is either my SP10 Mk3 turntable, heavily tweaked in a custom 100-lb slate and cherrywood plinth, in which my net investment is around $8K or my Kenwood L07D, restored to OEM operating condition, at an investment of about $3800.  But others who prefer belt-drive turntables would scoff at those choices and those valuations, preferring instead some modern $50K piece.  I don't take issue with that.  This is a fun hobby. I've heard the Walker turntable in its earlier iterations, and it is indeed superb, best sounding belt-drive I ever heard, but I am happy with what I've got.
So, Porsche baby, perhaps you should re-phrase your question or else take the responses that appeal to you the most and go for it. (In my lifetime, I owned just about every model of 356 Porsche ever made, up to and including a Carrera GT Speedster, and then a 550RS Spyder.)

lewm- you had a real 550 Spyder? Did you own it a while ago, before these cars reached Van Gogh painting prices? One of my heroes is Ed Niles (not even sure if he is still around). He bought, imported, drove and then sold (to fund further acquisition of) some of the great sports cars of the '50s and '60s --bought them when they were just tired old oddball cars on a professional's income (Ed was a lawyer). 
It is a fun hobby. Nice post. 

@mmporsche  Let me make a proposition. I will gladly spend day after day auditioning TT/TA/pre/cartridge combinations until I find THE one that resonates with heaven. I will bring it to you and if you allow me, set it up. (I have such fun doing that). If you are not satisfied, I will go out on the road again. All I ask is that you cover expenses and a small token, perhaps an Ayre CX-5eMP. Oh, OK. I'll settle for the Oppo.

I live between Short Hills and Far Hills, NJ. I have about 6 high-end dealers on my turf and can easily expand your search to NYC.

BTW, I think I can score a Nakamichi Dragon CT. Very rare and very unique concept. More like a Lambo than a Porsche. So act fast!

Rushton, mmporsche, did not state that 25K would be the point of diminishing returns, he said he had a budget of 25K.

You stated that 25K would not be your point of diminishing returns, and included the OP. I have always wondered what would be suitable for someone who does not consider 25K as the point of diminishing returns, and I'm still waiting.

I realize you wouldn't want to announce to the world that you had a 150K turntable in your listening room, so I'm just asking what do you consider "suitable"?


Enjoy the music.

This thread has strayed far from its original usefulness into what is tantamount to BS-ing in the barbershop, which is fine but not really on topic. One last thought on points of diminishing returns. Unless you dedicate a lot of energy to the entire signal up and down the line (as Raul said way upthread), and to your room, and to your set up, you’ll reach that point long before $25K. So spend it if you have it and have fun, because then it’s more about the toys than the sound, that that’s cool, too, but for different reasons.