If used turntables enter the equation, the possibilities are near-endless.
In the new TT world, an interesting question would be, would you be better off with a $1300 TT (say, a Clearaudio Emotion or Funk Firm w/Rega 300 tonearm) or a Rega P3, Technics SL1200, or Goldring GR2 modded up to around $1200-1300?
I'm sure many of you know the mods for the Rega, one of which would be the speed regulator.
What about a KAB-Technics SL1200 ($475) with tonearm rewire ($169), viscous fluid tonearm damper ($150), voltage regulator ($250), and threaded clamp ($150)? This would come to $1194.
At $1300, I'd be awfully tempted to save up another $300 to get a VPI Scout or Clearaudio-sourced Marantz TT-15S1, at least based on the audio press raves.