New phono preamp vs NAD 1020


I currently have a Rega P2 running to a NAD 1020 preamp. I am considering purchasing a new phono preamp in the $150 to $250 range (family friendly budget :P). Would this be good step up in sonic quality or just a lateral move? Any and all opinions and advice appreciated!
mtb_ww
Thank for the advice, Johnnyb53. I currently have a Jolida 302b and think its a great way to get into tubes!

Mechans, it's not that I find the NAD lacking or wanting, I just have no basis of comparison, thus can't determine if this is worth pursuing in my price range. Getting a loaner from a local shop has not been an option (boo). I will definitely look at the Graham PP when budget permits. Thanks again.
The 1020 is the preamp section of the famous 3020 integrated minus the power amp. I owned the 3020 many years ago and it was a remarkably capable unit for the money. I recently bought a Cambridge 640P for my son's modest system. The Cambridge is more "modern" sounding (more of that squeaky clean sound) but does not have the ease and musicality, and natural dynamics of the NAD. In my opinion you won't find anything in the $150-250 range that will better the 1020, and you may end up with less enjoyable sound. Keep the NAD until you can make a substantial move up.
the project phono box is pretty darn impressive for the money...just for the record...I have owned NAD preamps in the past...I think you will be pleasantly surprised...