Rewire arm with some nice Cardas or Litz stuff, make up a better phono lead from the PCB under the arm to your amp/phonostage. I think that would cost you around £30.Sumiko headshell too would be good, about £30 as well AFAIK.
Better feet will help (Dave C's ones are reccommended and about £20 IIRC) and then you might want to save up for a better mat - but other than that not a lot without spending more... you could try the 'blob of wax under the bearing' mod (search on here) for a free reversible upgrade (?) too.
Jason
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Before you criticise a man, walk a mile in his shoes. Then, when you do - you'll be a mile away. And have his shoes.
Wavy grooves go thru a RigB 540ML on an SL1500C. Digits stream from a cheapie CDP and a Sonos, into a Yamaha 803D driving Kralk Audio little 'uns. I used to have a Linn but I'm better now.