Well, I'm getting there on mine.
I recleaned everything really well (including the connector pins on the headshell/tonearm, which I had not cleaned before) and now I have music with a little static instead of static with a little music.
I'm going to put a new cartridge on it this weekend (assuming the record store in Athens sells them, which I think they do) and see if that cures the remaining static. If not, I guess the only thing left is the interconnects.
BTW, John's pics reminded me of something else. The rubber feet on mine are completely shot. Any suggestions for replacing them?