[mikethedruid]

I noticed you asked about getting the record player to play 45 RPM records. You're out of luck there. The 46-1201 predates the introduction of 45 RPM records by RCA in 1949. In fact, it predates the introduction of the 33 1/3 RPM LP records in 1948. The turntable on that record player only plays 78 RPM records.

Now, I do not recommend this, as it will seriously affect the value of the unit, but, since the motor in the 46-1201 is an AC motor which runs off the mains, you could probably put in a modern turntable as long as you fitted it with a high output cartridge. The purists here would be aghast, but it could be done. You would, of course, have to modify the cabinet inside to accommodate the new turntable also. That is the only way it could be done.