I did exchange the ceramic
cartridge in a later Micromatic for a Shure (M3?, don't recall at this precise point, but it was one suggested for such swaps).
Balance wasn't a big problem, and I just slapped a quick, home built pre-amp into the base of the turntable, running the leads then into the Magnavox Tape In aux. on the back.
There's no doubt that a Micromatic can handle it, the compliance is there and the automatic cycle trip is constant force, so anti-skating didn't make a difference, either.