Thoroughly enjoyed reading all 167 threads, well done Tony and Shuggie for offering such an insight to the workings of a 124.
I am quite a fussy person, but I don't think I would go as far as you have, my 124 has a bearing base plate Tom Fletcher made for me out of silver steel and he trued up the idler to be round, other than that it's standard.
I may be lucky, but after an oil change and cleaning/lubrication of moving parts my deck sounds pretty quiet to me, it still has the original belt which seems to be fine.
I have just put it in a Jim Campbel plinth and it looks great.
However maybe I should start collecting spare parts for this old machine.
I prefer to use it without the outer platter and I use a thin old record as a mat, I am also using an acrylic armboard at the moment, but I don't think it's that good, I bought an armboard from Jim, but it's too narrow for my Audio Technica 1503mk3 arm.
What is graphite? is there a web address for Martin, the guy that services 124 motors?
regards Al