jymbee, you really didn't give enough information for anyone to give you a valid recommendation. How much (psi) pressure do you need? What kind of volume (CFM) do you need? How long will it run continuously at a time? What price range are you considering? Will it be permanently set in one place, or portable and moved around? How old is that Sears compressor and what's wrong with it?
Is that Sears compressor an oilless? Personally, I have no use for an oilless. I sometimes run my compressor long enough at a time that I'd just burn it up. I used one for awhile a few years ago and tired of rebuilding it. The only good thing I could say about them is that they're relatively quick and easy to rebuild. But for occasional, infrequent use . . . they serve well for some people.
When I lived down in the country I had a 60 gallon, v-twin cylinder compressor, but now a vertical twin cylinder on a 30 gallon tank serves my purpose and I really do like 150-155 psi better than the old 120 psi max.