These are wonderful turntables and should be repaired. I had one before I found a MkIII. It sounds like the brake may need adjusting and the switches could use some tuner cleaner. The power supply could be in need of some new caps also. Be very careful using any kind of grease only use the recommended bearing oil if anything. There are many forums here for modding and repairing these.
SP-10 Forums
SP-10 Forums