Looking at pictures, the straight arm wand on these tables looks like the new, too short variety. These are apparently great for scratching, but horrible for hi-fi as there is up to 18 degrees difference in tracking angle vs. the usual 2-3%.
I am sure there is a different wand (probably s-shaped) available with more proper dimensions for hi-fi record playback. My roommate has a new Numark that came with a stubby short and proper-length S-shape arm that was interchangeable.
$10 is a pretty good price and it's a neat looking 'table! IF it keeps speed quietly and you can actually swap the arm wand out, you should be making some music soon.
RE: Cartridge in the sub-$100 range: I'd add $20 and get a used Grado Prestige Gold. I hear great things about the Audio-Technica AT440mla as well.
