Spark - I've got a 1962 AC H-3 crawler with dozer blade and winch and it has been a fun working machine. I never looked at it from a cost/benefit ratio, as I just plain wanted a smaller crawler. Have built several woods roads, driveways and a small dam. Use the winch for skidding tree length out of wet areas and on steep slopes. Had to put in new steering clutches, starter, fuel pump, etc., but assumed up front that repairs would be required. Mine runs around 9.000 # and had a trailer made, with surge brakes. Pull it with my 2500HD PU (slow and cautious). Get the owner operating book and repair manuals and have fun. The older crawlers are fully depreciated. As mentioned several times, they can be high maintenance, but that just goes with the territory. Go for it.
penokee /forums/images/graemlins/smile.gif
Ps: Only pic I have is with a black tarp on it - can see size relative to kubota L3130 under green tarp. Putting in a culvert in a few weeks, so will take a few pics at that time