The LP12 packages are mostly best viewed as a marketing exercise to simplify the extensive number of possible permutations of an LP12 made of new Linn parts. This makes it less confusing for those new to the LP12 and gives some guidelines which are sometimes questionable. The Majik LP12 is a particularly good deal as Linn discount the package to the point where the arm is pretty much free - that is substantial. But the other packages, especially the Selekt, should be considered as suggestions only. Linn does not give a package discount for the Selekt nor Klimax LP12s as the total price is the sum of the prices of the parts included. Additionally, Linn does not ship a complete Selekt or Klimax LP12 but six separate cartons to the dealer (LP12 mechanics, motor/controller, sub chassis, arm, cartridge, Trampolin 2) who then builds your LP12. So there is no reason not to pick and choose the components for an LP12 you want to purchase, and often there are very good reasons to do so. (Obviously when you throw in older parts the number of possibilities multiply and they multiply much further when you add third party parts.)
The listing that Moomintroll gave of the parts and their relative importance is quite good. However, I would argue that the motor/power supply is more important musically than the sub chassis. So I would rank the hierarchy as:
Bearing assembly: (various pre-Cirkus, Cirkus, Karousel)
Motor/power supply: (Basik, Majik, Valhalla (Hercules II roughly equivalent), Lingo 1, 2&3, 4, Radikal 1, Radikal 2, Klimax Radikal 2)
Sub chassis: (various pre-Cirkus, Cirkus, Majik, Kore, Keel)
Arm: (not getting into the endless third party permutations, Basik LV-V, Basik LV-X, Basik Plus, Akito 1, ProJect 9cc, Jelco/Linn, Krane, Akito 2, Ittok LVII and Akito 3, Ittok LVIII, Arko?, Ekos 1, 2, Ekos SE, Ekos SE/1) (Note I have not done direct comparisons of Akito 1, ProJect and Jelco but have the feeling just based on general listening that this is the correct order.
Cartridges: (currently Adikt/3, Koil, Krystal, Kendo, Kandid, Ekstatik) (Note I haven't yet heard the Koil or Kendo so their positions are assumptions.)
Due to the operation of the hierarchy a Majik LP12 with a Radikal will outperform an Akurate or Selekt LP12 as the motor/controller is more important musically than the rest put together.
As to where your turntable fits, if you look at the listing you will see that it is basically pre-Karousel Majik level. You have Cirkus bearing and presumably subchassis which is pre Karousel Majik LP12 level. Hercules II is roughly Majik level. Although most of us feel that the Valhalla and presumably Hercules is a bit better than the Majik PSU, those three are far closer together than they are to a Lingo 4 (or even a Lingo 1). Akito 1 was an improved Basik Plus replacement but was not near Akito 2 level. I would certainly rank it below Krane and likely a bit under ProJect 9CC. Adikt is obviously Majik level. T.Kable is a nice upgrade but still wouldn't bring it beyond original Majik LP12 level (Cirkus subchassis/ProJect 9CC). Still a very nice LP12 with easy change to 45RPM (unlike the Majik PSU) and quite able to outperform any other new turntable you would pay $5000 for.
️MAJIK LP12 SE
