What is it about the VM95ml that you'd like to be improved?
Current arm?
Current phono stage?
What are your present Gain and Loading (impedance) choices?
My thinking on this is that the VM95 range - especially the ML - punches high above its weight and you may find that £ 400 new as a budget will not be enough to bring about the improvements to justify doing it. I think that price is not an especially good indicator of the quality when we are talking about the AT range of carts.
Case in point is that the Ortofon 2M Black retails around £ 550 (over your budget) while the AT VM540ML retails at around £ 229. Is the 2M black better ? I would argue its not since the Black's shibata stylus is fussier in set up and doesn't bring about a 'next level' performance leap and so i would take the 540ML over the black any day, even if the prices were reversed !
Since the VM95 range isn't a large step away from the 500 series it seems you have a giant killer on your hands, which also works well with the Rega arm. Upgrading a few hundred quid might not reap the rewards here unless you spend about £ 800 quid up.
As others have mentioned, if decide to go MC then expect you will need to spend £££ on a new phono stage to reveal its quality and suddenly your budget has more than doubled.
EBay shop Hifi Madness has 20% off at the moment and stocks a range of Audio Technica carts. I’d be tempted to go for something like this
https://www.ebay.co.uk/itm/23343050...d=link&campid=5338728743&toolid=20001&mkevt=1
at £60 off, or push the budget and get the 33PTG MC.
Haven’t heard both myself, although I’m pretty sure some here have and will be able to advise. Rumour has it the shibata is a little more forgiving in the treble, which would suit me: found the AT440mlb (now the 540ml I think?) just a touch bright.Instead of a ML cartridge, does a Shibata offer much more?
Shibata cartridges can certainly offer more surface noise, which is what I found when I used an Ortofon 2M Black on my Rega. I rather like the Rega Exact, which is the perfect height for the arm. You don’t want to go too bonkers as the Atom will very likely be a limiting factor. For a bit more than the Exact, the Ania MC is very nice.Instead of a ML cartridge, does a Shibata offer much more?
Instead of a ML cartridge, does a Shibata offer much more?
Shibata cartridges can certainly offer more surface noise, which is what I found when I used an Ortofon 2M Black on my Rega. I rather like the Rega Exact, which is the perfect height for the arm. You don’t want to go too bonkers as the Atom will very likely be a limiting factor. For a bit more than the Exact, the Ania MC is very nice.
In my opinion, no. It gives very slightly more detail than the ML but the trade off is that it's much fusier about alignment and record quality. Sounds good on good records and terrible on bad ones. The ML is not the most forgiving but it is better and overall just easier to live with. The ML profile also lasts ridiculously well. I'd take the ML over the Shibata any day.
If you like the AT95 I'd go with a better Audio Technica MM cartridge. Should be linear, predictable upgrade, more of the same. The better body lets you use their SLC stylus profile and it's amazing.
My wild card suggestion would be the Rega Exact. There is just something about this cartridge. It's not the most detailed and not as tight at the top and bottom as some others, even in its price range, but good grief is it musical. It has body and tonality missing from most cartridges at any price. I have an AT OC9XSL just now and it's a fantastic cartridge but there are still things I miss about the Exact. I wish Rega would build a better version of it, I'd join the queue.
If you can find more than £500 for a cartridge I'd upgrade the deck instead.
...yes I can see that anything beyond Ania is getting a bit unbalanced.