Sorry I didn't comment sooner but I've been busy fussing and listening.
I received the table yesterday. Naturally I unpacked it and tried to set it up as soon as I got home from work. Mercifully, the cartridge was factory installed. I found the included instructions for setting up the tracking force and anti-bias somewhat lacking, at least for someone who's been out of analog as long as I have. I called my dealer, who walked me through it. Later I found better instructions on the Rega website, and managed to fine tune it. Initially, I'd set it too light and it was lifting on some records. Now I think I've got it right.
I'm sure you all know this already but the sound is different, better, more natural and organic than even the best of my SACD's or high resolution DSD and FLAC files. It's hard to describe the difference but it's there.
I'm not sure what I was expecting but I'm really surprised how solid and weighty the base is with this table/arm/cartridge combination has. My dealer didn't like the interconnects that I was using between the Fono MM and my BAT VK-30i, so he's sending me another brand to try, which he suggested would open up the highs more. They don't sound "closed" to me now, but I'll report on them when I get them.
I appreciate the comments and suggestions about the need for a record cleaner. I'll need one soon; and a tracking force gauge to confirm that I've got it setup right.
Between last night and tonight, I've listened to all of my meager vinyl collection, but more is on the way.
Bottom line, no disappointments. It was worth the wait and worth the investment.