That one is actually very expensive mostly because it has features I do not need. It is in fact a DJ turntable.One that caught my eye was a Sony PS-LX350H: http://www.sonystyle.com/is-bin/INTERSHOP.enfinity/eCS/Store/en/-/USD/SY_DisplayProductInformation-Start?ProductSKU=PSLX350H.
It costs only about $200 in the US, which is about $230 in Canada. If I order it without a cartridge, it would be even cheaper. Although it does not have speed 78, it has everything else that I need. It is belt-driven, which makes it more price-efficient (or cost-efficient). Some people discouraged me to buy a belt-driven turntable, while others persuaded. I really have no idea which is better.