Congratulations on finding a Ford Series 101 with coulters
and a Landing Lever. Your photos show a plow in very fine condition but with surface rust. I am a little surprised you have no rust pits on the moldboard, considering your location in COASTAL Maine. Maybe your salt air is less corrosive than our humid, salt air in Florida. Just so you know, I paid $1,295 for my 2 X 12".
I am glad to know the Ford Series 101 fits the
L2501 without beam interference. I was discussing Series 101/
L2501 fit with Greg Leggett at Suwannee River Kubota, Chiefland, Florida just a week ago and we guessed the fit would be fine. I am glad you confirm from real world experience.
Plowing with a single bottom is easier than plowing with multiple bottoms but ALL moldboard plowing requires learning fairly advanced implement skills, which takes time.
When you plow, you do not want to mix sub-soil with your good top soil, which may be a significant issue in Maine. Dig a pit on your land and try to determine the depth of your top soil.
Even with your Series 101 having a trip mechanism, fasten your seat belt, lest the plow encounter a boulder and the 'trip' not release. I once had a John Deere 750 completely vertical when skidding a tree trunk. That experience taught me always to buckle up when there is a possibility of encountering an immovable object with an implement, plows being notorious.
Have you ever used a plow in the past? Are you going to break virgin land or a fallow field? Do you have a Disc Harrow for secondary tillage?
Good luck.