An AT440ML, which is MM. It's specs claim a 5.0 mV output.
Down the track, I can see myself trying a low output MC. My last cartridge was a Sumiko Bluepoint. The AT440ML tracks better and reveals more detail, but the Bluepoint had nicer mids. I have been told that in general, MC cartridges excell in the midrange.
The Cole kit appeals to me because it comes with a step up transformer, but loving my AKSA as I do, I had to enquire about Hugh's new product. 
Hi Paul,
Mmmm, I don't know that low-output MCs just "excel in the midrange" ... I think it depends which perticklar MM or MC!!

I personally like MC ... but I do also have a Grado Platinum Signature MM which I use when I have to send my Benz Ruby/Ebony back to the factory every coupla years, for retips!

OK, unfortunately Hugh (at present!!

) doesn't package the phono-stage part of the GK-1 as a stand-alone phono stage. I keep suggesting to him this might be a good thing to do ... so you may as well press him to build one for you!!

If he doesn't want to do this (bcoz he does have quite a few new things on at the moment!

), I can suggest a couple of other alternatives.
Any MM phono stage will be fine for your AT440ML and then, if you get a low-output MC, you'd have to add a step-up (transformer) or a head amp.
I personally love the "Paris" head amp. Many years ago, I used to have a Trevor Lees tube head amp but got rid of it bcoz I just couldn't cope with the "tube rush" ... as Hugh said, low noise is a real problem with the tiny signal voltages involved in a head amp.
Yet "SuperMart" prefers this same head amp over "Paris" ... I guess there's no accounting for taste, eh!!

(Well, he is a Pom!!

)
You said "The Cole kit comes with a step up transformer" ... however, I would suggest this is not necessarily a good buy if you don't have a choice!!

Firstly, you don't need a step-up tranny with your AT440ML and, secondly, when you do buy a low-output MC, you might prefer:
* some other step-up transformer, or
* a head amp like "Paris".
Personally, I had some English step-up trannies with one of my phono stages (sorry, forget the name!!) but one day I removed them and upped the gain in the MM phono stage instead ... and found that I got a much wider soundstage. So I poysonally am not a fan of step-up transformers!
Regards,
Andy