Pbnaudio is right in that you should be able to swap out the junction boxes. You should be able to use the Nordost you already have in the tonearm. Looking at your system, you show a Sim phono stage. Its fully balanced, of course, so it does make sense to switch to balanced on the TT. If it was my system, I would do it. It shouldn't cost anywhere near $1000 unless you need a new cable to go from the TT to the Sim.
Unbalanced to balanced VPI junction box change?
I have a VPI classic 1 with Valhalla wiring. Currently have a rca junction box and considering changing for XLR. My only reservation is needing to upgrade wiring along with the junction box. For my taste an approximate $1000.00 upgrade. I love the sound now, would be worth upgrading?