I have the exact same turntable and cartridge...Scout 1.1 w/ 2M Black, and have enjoyed since I bought it 1 yr used.
I have the itch to make some changes as well, but really do not know enough about attempting to align a cartridge on it and complete setup. I only have the paper template alignment jig, and really should consider buying the real thing.
MY initial upgrade will most likely be a phono preamp, as I'm using my Yamaha RX-A1030 receiver using its internal phono preamp. Once that is done I'll then have some flexibility as to direction for cartridge.
Chris