As @cleeds said, to be fair, Technics did make a lot of cheap junk and it should be avoided. The old SL1200's were good, solid DJ tables that could perform pretty well as an audiophile table, especially if mod'd a bit.
The new/current SL1200G is a high end audiophile table that happens to look like the old DJ table. It's also $4000. There is the "trickle down" SL1200GR version for $1700 which also gets you a solid starter audiophile table.
Summary: Yes, there are a lot of old crap Technics tables out there on Craigslist, etc. There are also 2 new Technics tables that have receive a lot of praise at their given price points.