This system is very close to Lugnut's--same speakers, slighly newer amps, his hand me down Waconda pre-amp. I don't have the same turntable horsepower though. My MMF-7 is a big step up from a B&O 2400 (circa 1978)though. I am very happy with the MMF-7. The CD will be upgraded with a Pioneer DV-588A DVD/SACD/CD/mp3 player in a week or so.
The Nitty Gritty is a record cleaning machine. With mine, you have to manually apply the record cleaning fluid. Nitty Gritty makes nicer machines that are more automatic as the price goes up. I use Audio Intelligent cleaning fluids. The machine and cleaning fluids make a tremendous difference in how vinyl sounds.
Lugnut got a copy of Neil Young's Greatest Hits for his royalty. He's happy.
I really like the way the system sounds. I am especially happy with the MMF-7 turntable. Its reasonably priced, extremely easy to set up and sounds good. It isn't a Sondek though. Besides sounding good, I like the Linn electronics because they are small and don't generate much heat. The amps also have a sleep feature so I don't fell bad about leaving them on.
The Pioneer DVD/CD player just got here and I need to go play with it.