That should be no problem and you will increase your signal to noise ratio. ID turntables were a necessity in the past because there was no other way to adjust the speed of the platter. All motors were AC and clocked the mains frequency. Then the AR XA came out and blew everybody's minds. A dirt cheap turntable that out performed all those ID tables. I owned a TD 124 a combination belt ID table with an SME arm and even without antiskating the AR XA was seriously quieter. People will tell you that if you upgrade these old turntables you can make them quieter and you can for a short period, but the rubber idler wheel develops flat spots quickly and the rumble starts and gets slowly worse. The other problem is every bearing makes noise, some less than others, but they all make noise. The more bearings you have the more noise you make and ID tables have two unnecessary bearings. With idler wear and multiple bearings you have a rumble machine. This is the reason belt and direct drives stole the entire market dumping these old ID drive tables, which were in the beginning very inexpensive until audiophile mythology took over. If you go to any modern belt or direct drive turntable with an isolation suspension built in or added you will notice a very significant drop in noise. Whether or not you can cover the expense by selling the Garrard depends on which turntable you are looking at. It is not going to cover an SME, Avid, Basis or Dohmann, but it might cover a Sota Sapphire which you can upgrade later with the new motor and drive. It does not matter what you do with a plinth for the Garrard. There is no idler wheel turntable that will outperform a Sapphire as it ages (that statement is going to be.....very popular :-) But, if I spend a billion dollars on a plinth, new bearing and idler wheel..... You still have a turntable with too many bearings and an idler wheel that develops noise almost immediately. Why do you think ID turntables almost became extinct? Why are there not any modern ID turntables with one or two exceptions. Are you telling me that Dohmann, Basis, SME, TechDAS and Technics could not build an ID turntable if they are so much better? Old ID turntables can make wonderful music, but they are noisy which is one of the main reasons many old preamps had rumble filters. With the advent of boosted subwoofers and digital filters rumble filters are becoming popular again.
Now I am going to get ripped into tiny pieces.