Thanks for all of your responses.
TWL, thanks for pointing out the need for a larger mounting hole for the VTA collar. This will factor into my decision. Also, I think I speak for a lot of people here, thanks very much for your contributions to this board. After 20 years of absence from analog, your posts were instrumental in getting me up to speed with the current state of things. I bet your Teres setup sounds magnificent.
4yanx, Wow, you outdid yourself, man. An incredibly informative (and useful) post. I will take your advice to heart. Glad to hear the leads aren't as fragile as they look. I guess I shouldn't care about the look of the arm, but, in my experience when you can't see the inside of a piece of gear, the fit and finish usually gives a good indicator of how carefully it is put together. However, if the arm is a competent performer, I won't write it off so quickly. I did hear it at my dealer, and was impressed, but I figured any $1000 arm ought to sound good. Perhaps I should have phrased my question differently... such as can the Spacearm be beaten for $1000 or less. I prefer a warm instead of a cool presentation as you do.
Blcube, I agree with you, this is no lightweight table. I am very impressed with it. Especially for the price.