I never heard the Rega nor the Technics, but I own a very very old Spacedeck. I bought it used (much cheaper than a new one) after having fallen in love with Nottingham turntables through many auditions at a local store.
The sound is sweet, full bodied, coming from a complete quiet dark. It's engaging. But what really got me into it, is all the concept: high mass and a low torque motor that requires you to start and stop the platter by hand.
Regarding the service, they are amazing to their customers. My deck came with a defective spindle. It wasn't straight, causing a very annoying wobbling. I contacted their office (miss Penny) and in a matter of days they replaced my old damaged spindle with a perfect new one. For free!
The arm is a bit dodgy to get in the right position, but once there, you don't have to touch it never again. I already replaced the internal wiring. Not an easy task, but I live near a fantastic technician (this guy also made my phono preamp).
By the way, miss Penny suggested me to use a MM cart from Nagaoka. I'm using a Goldring with very good results. She said that their tonearms are better matched with MM carts.