Brian, the OL Illustrious has a VTA adjustment screw on the base, very similar to your Linn Ittok. The anti-skate bias is set with a weight on a thread, just like the older SME arms used to have. This is very simple, and reliable. No big deal. As far as setting tracking force with a
knob, it is known that setting VTF with the counterweight is the preferred method, and that is how OL does it.
I know some arms have VTA on the fly, and more adjustable this and that. But the bottom line is that any adjustment mechanism also has potential for movement or vibration, and may or may not need alot of changing. Most adjustments are only done once, when you set up the arm. Except for VTA, and I will grant you that some other arms have an easier VTA adjustment mechanism than the OL. But the OL is not really that difficult, and the arm is very good. And all the necessary adjustments are present.
There are other good arms out there, but it's my opinion that the OL Illustrious will beat most or all of them in most any application, especially with a low compliance cartridge. I don't have an Illustrious, I have a Silver, but I'd like to have an Illustrious. The Silver is a pretty damn awesome arm too. Not very fancy looking, but it really delivers in the sound department. The Illustrious is even better, and it looks real cool too. There may be some certain areas that another arm may do slightly better, but none will do all areas combined better than the OL, in my opinion. At least, not in a pivot arm. Of course, this is a matter of opinion, and this happens to be mine. Others may differ.