I picked this up about 2 months ago with the intention to recap it. Older direct drive turntables have IC's that are hard to source, but are stable on their own. If a cascading failure doesn't take them down, they'll keep going for decades more... so, replace the 35+ year electrolytics that will cause a problem eventually.
There are several vintage turntables that are amazingly good quality. The Pioneer Exclusive P3 and PL-70, Technics SP10 MK II and III, top of the line Yamaha, Kenwood, Sony, Denon, and Victor (JVC). For the very top, you have to pay collector prices, often above $5K. But for one model down, usually the price falls rapidly.
The Victor TT-101 prices start around $2500 and go up. The TT-81 has a slightly less complex control, but still top notch, and usually go for around $500-$600. Technics SP10 MkIII sell for $7500, but the one model older MKII can be had around $1k. Pioneer P3 exclusives go for over $5K since they hit the market about as often as Haley's Comet comes around.
The steal (knowledge for Audio Nervosa members only!) is the JVC QL-F6. This has a very sophisticated motor (probably second only to the Victor TT-101 within the JVC line), and a pretty good tonearm, but it is an automatic at which audiophools turn up their noses. These can still be had for $200. It will hold speed better than nearly any belt drive, and rival most of the best of the direct drives... but it has a cheap and crappy plinth that need lots of added mass. But the word is getting out, as I see prices on these getting higher.
There are lots of other types of excellent vintage turntables... the LInns, Empires, Garrards, and Thorens. All can offer very high end performance when in good working order.