Vintage Dual 1228 Turntable : worth to upgrade cartridge ?

I have from my college days (1977) Dual 1228 with original fitted Shure M95ED cartridge .  It is maintained well , not used for about 20 years in between , but just cleaned , lubricated , resoldered some loose connections , etc and just runs great for me. 
I am not too much into analogue , so not planning to do big time investment into new TT , Phono preamp , but if  can get larger benefit by replacing the Shure M 95 ED with some new cart upto $ 200-300 , I would like to do it . 
My Phono preamp is very low end Cambridge Audio MM 551P . To go with new upgraded cartridge , I may even consider to buy used Phono with budget of $1000 . 
I would appreciate advice form FMs here , where I should spend my money to get most benifit on sound improvement . New cart , new phono ?