@ezstreams, thank you for the kind words. However, don't be distracted by equipment in regards to audio nirvana.
I also have a mid-fi rig that I've put less than $1k into getting it off the ground this last year. I have it set up using all that I've learned regarding speaker placement, listening position, component matching, isolation, etc. I really enjoy that rig almost as much as the main rig! It's crazy but true! The rig definitely shows its limitations as the volume increases but as long as I keep it within its limitations the sonics are very enjoyable!
The other benefit is that I can put any pressing quality album on the turntable and it sounds good. With the main rig, a bad or average pressing sounds terrible so I have to take care to obtain the best sounding pressings for the main rig. That can be a real pain instead of just going to a record store and buying an album without thinking of pressing quality.
I believe that setting up the stereo properly and addressing the room may account for 50% of the sonics quality! Addressing these issues can make you fall in love with your rig all over again!