Masterplan - If you are happy with the sound of the Shelter 501 III - why not have Soundsmith retip it !
You could have it upgraded to the more advanced stylus profiles like the Shibata, Contact Line or O.C. Contact Line.
You’ll get more details than the elliptical profile provides while maintaining the current;"tone" of the Shelter.
You will need a very accurate protractor to setup the cartridge, like the Mint Tractor, but the investment is well worth it
Drawback - It can take about 6 weeks, but well worth the wait
I have a Denon DL103 and purchased the same cartridge from Soundsmith with the O.C. Contour Line stylus and the ruby cantilever for around $650 - the improvement was nothing short of amazing.
I’m now thinking of sending the old DL 103 cartridge for some of the same treatment to have as a spare (in case of accidents) Maybe I’ll try the Shibata profile with a boron cantilever, which I think might be a little more forgiving in setting up
Regards - Steve