How to properly set up a turntable

Cleeds, I love it when you make sense. 
Mglik, follow the instructions with the smart tractor and make sure the cartridge is mounted correctly. Always put your stylus guard on when you work. It is pretty simple.
Set the VTF by the manufacturer's recommendation.
Put a record on the platter and lower the stylus on the record. Adjust VTA so that the tone arm is perfectly parallel to the platter as viewed from the side.
Take the record off and place a pocket mirror on the platter. Lower the stylus on the mirror. Viewing the stylus directly from the front under good light the stylus and its reflection should form a perfectly symmetrical "hour glass"  If the hour glass is bent to one side or another you adjust the azimuth by what ever means your tonearm has until the hour glass is symmetrical.
Next and last is anti skating. Put the stylus down in the run out area between grooves. The tonearm should drift ever so slowly towards the spindle before it gets caught in the next groove. If it drifts to fast increase the antiskate. if it is still or drifts towards the rim decrease your antiskate.
Put on Mysterious Travelers by Weather Report and wig out:)

Hi,
start by leveling the tt.
Asuming arm is correctly positioned align:
Overhang
VTF (will have to recheck/readjust later)
HTA
VTA/SRA
Azimuth
antiskating
loading.
i would follow this order.
When you are there you will notice it.

I'll just say that's a very nice table and a very nice cartridge neither was cheap. Given the quality of both wouldn't it be worthwhile to invest in professional setup assuming geographical issues don't preclude it?

mglik, congrats in a great table!!

mijostyn2,

Your very brief summary of correct setup is very helpful.and sensible.  The only addition I would make is that the perfectly parallel arm is the starting point from which minor deviations should be tried to find the optimal VTA setting by ear.  As for finding parallel, with most arms, you can used a ruled index card set behind the arm when it is in playing position on a record to see which way it tilts.

Peter Ledermann, the founder of Sound Smith, has a really good series of videos on setup that not only supplies the "how to" aspect of setup, but also the "why this is the way to do it" explanation.  These can be found by googling them.