I forgot to post an update here... The summary is, I have this turntable set up as my main record player, and it works very well.
I adjusted the 12-inch-record stylus landing point (the adjustment near the tonearm base), but I have not tried to adjust or improve the rest point for the tonearm. I bought a new stylus for this machine, though the old one seems fine too. The one remaining task is to lubricate or clean the remote control's buttons because they are intermittent. I bought a replacement for the missing "globe" remote signal receiver, and it works fine.