There's been some raving about the new Emotiva XPS-1 Phono Stage over at AudioKarma. It has both MM and MC settings and for the latter, four different load impedance configurations. The kicker - especially for all you budget-minded newbies - it's only $129.
http://www.audiokarma.org/forums/showthread.php?t=564717
http://shop.emotiva.com/collections/accessories/products/xps-1-phono-stage
No firsthand experience with this yet, but for $129, I'm tempted to try it out. Emotiva has a reputation for making great gear at an affordable price.