I recently got into records but I wouldn't consider myself an audiophile. I have a AT-SB727 "Sound Burger" and I usually connect it to a SoundCore Mini. The whole setup was under $200 on sale.
The main advantage for me is that it's somewhat portable. I have 0 wires to mess with, not even a power cord. I'm sure the audio quality isn't great but I like watching the record spin and listening to albums from start to finish.
I do have a different old record player (Sansui P1000) but it needs to be connected to AC then that has RCA connectors that need to go to a stereo which then has copper wire speakers. It sounds a lot better but also it's a lot less portable
The sound burger does come with a line level RCA output so maybe it does sound as good when connected to an actual stereo. I want to get an elliptical stylus upgrade in the future which is supposed to help with sound quality
I really want to switch but I need a launcher that lets me swipe on the dock left and right like how I can with home screen pages