OK, Avole, maybe I was cruel in calling it "horrible," but its not up to the engineering standards of the rest of the machine. I've made a pair of new V-blocks myself, from pieces of 5mm square rod of perspex, and I've cleaned and registered the horizontal ball races. It sounds pretty OK, I admit. But I'm thinking of fitting an old SME (I'd have to file out the mounting hole backwards by about 10mm) or an old Ortofon. I know everybody says a Rega works well, but I think it looks a bit boring on an L75.
My idler wheel is fine. In fact I've stripped everything, cleaned, greased and oiled (new oil filter, checked tyre pressures, etc.) and it all looks very new. The old grease was still a good brown colour and present in quantity, no play in the main bearing. No rust or anything. Pleasantly surprised because when I bought it it looked a bit tatty, with heavy metal stickers on the plinth and felt-tip pen doodles on the top plate.
Regarding the speed problem with Newboy's turntable, I'd think it more likely that it got bumped and shaken in transit, unless it was an American export made for 60Hz. If it was a 60Hz model I doubt that a few minutes with a screwdriver would have fixed it.