Are you using the Kenwood receiver as a phono stage only, or as your phono stage, line stage, and amplifier?
I think you'd get a quantum leap in resolution with an Onkyo A-9555 integrated amp. As a preamp/amp, it is stupid fast, linear, neutral, and yet musical for the money, and the built-in phono preamp is pretty good. But if you want to take it a level higher, add a Cambridge Audio 640P phono stage and plug it into one of the A-9555's many line stage inputs.
I have an SL1210M5G with Audio Technica AT150MLX going into this very signal chain (including the Cambridge phono stage), and it's stunning for the money spent. It provides me with a level of high end transparency and speed without sacrificing musicality that I thought I'd never be able to afford.
I also have a Denon DL-160; I could hook it up and see how it sounds into the Onkyo (with or without the Cambridge) and let you know. By almost all accounts, the DL-110 and 160 sound nearly identical and have the same output.
The Onkyo can be had for as little as $400 as B-stock or $450-484 as A-stock, and the Cambridge is $169. Right in your price range and you get a killah power amp in the bargain.
And I mean, this amp is something else at $480!