I bought a new tractor in 2002 with a Woods 1012 loader on it. I always kept it clean and stored inside. During the first year paint flaked off in sheets. It looked like they painted over light rust. Next the joystick linkage was made of pot metal and cracked apart while I was grading out some black dirt for the neighbor. I was embarassed being the neighborhood "tractor guy" and having to go home job un-finished and wait a week for a new part.
My next tractor was a Kubota L4330 and I bought it with the Kubota LA853 loader on it. It was 10 times better than the Woods loader on my previous tractor. I am a Woods fan. I have a Woods box blade, 2 rear blades and a Woods batwing mower, but never another Woods loader.
Good luck!