Hi
I bought Clearaudio Performance a couple of months ago to replace a Systemdeck 11X. It comes with a Satisfy tonearm and Maestro cartridge. The platter basically "floats on air" as its held in place by a ceramic shaft and two opposing magnets - so ther's no bearing as on traditional systems.
It is absolutely fabulous, it has tremendous clean bass and the sound is very detailed and transparent. I know its a bit over your budget @ £1600 but it really is fabulous and well worth a listen. I brought along some LPs to my local dealer who set up a system a bit like mine for me to audition it on. I was sold on it after a couple of tracks, it was that good. Well worth a listen in my opinion. Just seen the cartridge advertised in an American magazine for $1000!!!
John