I haven't heard the Nagaoka 700 but one of the men who I believe worked on it was also involved in the design of the Technics EPC 100 MK4, probably the best MM pickup ever designed It was dead nuts flat to 80 kHz with a resonance at10 kHz, superior in that way to any moving coil. Flat means neither warm or cool just smooth and natural. If I were looking at a moving magnet pickup now, given Nagaoka's experience in MM cartridges plus the input from the Technics person, I would take a chance on the Nagaoka 700.
For much less money I'd look at the top of the MM line of Audia Technica. I heard it. It's a little warm but with sparkle and life.

