My sister's family - dairy farmers. Until recently they have been all old Farmalls. I can't tell you all they have but there are 2 x 986, 1 x 1486, 1 x 4386, 1 x 856, a loader tractor that is so beat up I can't tell which model, and 2 of the larger 2 plus 2s. They like them very well although I prefer creature comforts in my old age and since all have cabs but none have working air conditioning, when I help them out I bring my own tractor and they supply the fuel. They get the job done but in their old age they are prone to breakdowns. That is part of the reason they have so many tractors. The engine on the tractor at which you are looking is about the range theirs have needed overhauls.
When I did start helping them out, I drove a 986 and one of the 2+2s quite a bit.
All except one of their Farmalls have been pieced together by a person who buys and mates parts. Having no functional TA - I was used to it driving their tractors. When something fails, it is usually easy to fix. Except for the TAs, they have had very good transmission life. Engines, however, have needed overhauls in the 7500 - 10,000 hour range, we think. There isn't a functional hour meter in the group.
I think the tractor would work good but I would like to see lower $$$$.
