The first big decision is if you need 78rpm. The Rekokut has is; the Merill doesn't.
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Boofer, Do you already own the two turntables and are you trying to choose which one to sell, or are you making a de novo buying decision? I just wondered where the reference to the SL1200 comes from; it seemed to come out of the clear blue sky, since the SL1200 is so different from the two you named originally. I don't know what is the cost of an SL1200 these days, but you would have a wide choice of vintage Japanese direct-drives at very reasonable cost, if such a tt suits your audio palate. And of course a Jelco or the like can be affixed to most any turntable you might like.
Lewm: your point is well taken. I do not own either of said turntables, and it seems no one really is familiar with them; therefore, in a decision to purchase a turntable which allows easy cartridge exchange, I thought of the Technics SL 1200II, which leads one to also consider many of the older vintage Japanese direct drive units as well, as you stated. This is where I am now. The SL1200 can be purchased used for $300 on up to over $2000 refurbished. I initially wished to purchase a new model, however. My chief TTS include an RP8 with Ortofon Cadenza red and vintage Thorens TD 125II, which has a Shure V15III cartridge with essentially unused MR stylus. I have over 10 other cartridges which I would like to get some use out of utilizing the convenience of universal headshells.