As far as I'm concerned, the 2X40 series tractors are the best "small" tractors ever made. I have owned 3 - 2940, 2440, and 2240. 2940 had over 10,000 hrs on it when we sold it to the farmer next door (he still uses it to run the grain augers) when we got out of full-time farming in the mid 2000's. 2440 had close to 7,500 hrs on it. Still have the 2240 (w/ 145 loader) with around 1,500 hrs on it. These things were built to last. The only real repairs we ever had to make on them was to rebuild some of the seals on the hydraulics after they started leaking down a little more than normal, but for a machine that's 40ish years old and 10,000 hrs that should be expected. For comparison, I also own a 2004 JD 2210 and my brother-in-law has a newer 1025R. The convenience of compact hydrostatic tractors certainly has its advantages, but when the snow piles up or trees need moving, the 2240 does the job way better.
Just my $0.02.