IMHO, the best improvement for this TT is the Rega TTPSU if you don't already have one. Some swear by the Technoweight, Groovmaster subplatter and ruby bearing, rewire, etc. Regas were designed to be simple and to be played so enjoy the music.
Frank_sm - thank you for the correction. I now have a P7; traded up from my P5. For warped LPs I do use a Michell clamp for Regas and have found it does help tremendously. As stated above, stick with the Rega felt mat. If you feel you must make a change, get a colored rega mat. :)
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