hi Tvad, you'll have a hard time beating the Rega P3 for about $400 used, but you won't get 78.
Low cost cartridge options:
Denon DL103 (low output MC) - about $175 new
Denon DL160 (high output MC) - about $180 new
Grado Reference Sonata - about $200-350 used
Here's a detailed review of the Denon DL160 with an excellent followup discussion:
http://forum.audiogon.com/cgi-bin/fr.pl?ranlg&1031089600&read&keyw&zzdenon
Low cost cartridge options:
Denon DL103 (low output MC) - about $175 new
Denon DL160 (high output MC) - about $180 new
Grado Reference Sonata - about $200-350 used
Here's a detailed review of the Denon DL160 with an excellent followup discussion:
http://forum.audiogon.com/cgi-bin/fr.pl?ranlg&1031089600&read&keyw&zzdenon

