For most audiophiles, the lack of a changeable cartridge would be a deal breaker, but so is the lack of a changeable shell, changeable arm, changeable mat (if needed), clamp/weight, etc. This is clearly not intended for serious tweakers, but it looks as though it promises some credible performance. The included AT95 shouldn't be too disparaged as it's a pretty decent cartridge with specs that belie it's low price tag. It looks to have been given the audiophile mod/treatment as well, which should step up the performance further if the LT fitment doesn't let it down.
As a bonus, Clearaudio MM owners might now have a line on reasonably priced drop-in replacement needles.