I don't think it is at all possible to come up with a "rational" estimate of this sort for any kind of purchase. If you have only a few albums that you are crazy about, it might make sense, to you, to get a great table. I would spend quite a bit even if I were forced to pare my collection down to something like my favorite 100 albums.
As for the 301, the price for these refurbished tables is extremely high, given that you can still get the same table in reasonable condition on the used market for a lot less, but, in terms of performance, it is a competitive table when compared to modern high end tables. If you value highly sound that is dynamic and punchy, and you are forgiving of some noise, it is a better selection than a lot of expensive belt drive tables. I own an expensive belt drive table, but, I can see the appeal of top notch idlers like the Garrards, Thorens 124 and Lenco tables.
The bad news for owners of vintage 301 and 401 tables is that the newly manufactured replacement parts that use to come from Loricraft will no longer be available except to those who own the "new" (actually refurbished) tables. It is time to scour the market for motor bushings and rubber motor mounts, etc.
As for the 301, the price for these refurbished tables is extremely high, given that you can still get the same table in reasonable condition on the used market for a lot less, but, in terms of performance, it is a competitive table when compared to modern high end tables. If you value highly sound that is dynamic and punchy, and you are forgiving of some noise, it is a better selection than a lot of expensive belt drive tables. I own an expensive belt drive table, but, I can see the appeal of top notch idlers like the Garrards, Thorens 124 and Lenco tables.
The bad news for owners of vintage 301 and 401 tables is that the newly manufactured replacement parts that use to come from Loricraft will no longer be available except to those who own the "new" (actually refurbished) tables. It is time to scour the market for motor bushings and rubber motor mounts, etc.