most *audiophile* folks prefer belt-drive, but there have been some excellent direct-driven 'tables out there - nakamichi & micro-seiki come to mind.
for the best bang for the buck, i'd recommend a used 'table, there are many to choose from - while i prefer my oracle (naturally!), there's linn, basis, sota, yust to name a couple of the more common ones. also nice are kuzma, pink triangle & well-tempered. there was yust listed on a-gon's classified a linn w/a grace tonearm for $550 - if it's in good shape, this would be wery nice for the money...
good luck, doug