I agree with others that recommend the Technics SL1200MK2. I also suggest an Audio Technica AT150MX cartridge and Bottlehead Seduction phono stage. This should give you plenty of listening enjoyment. I don't think you'll be able to do better for the price. Some forums to check out:
I just went up two notches in resolution
Bottlehead Seduction Phono Stage question
I just went up two notches in resolution
Bottlehead Seduction Phono Stage question