Wow ..... looking good! :thumbsup: Almost too good to go back to work!

But they really don't ever actually
want to retire
Regarding the lifting fault:
If the arms leak down (more than about 1" per minute with about 50lbs on the drawbar) the cylinder seals may be an issue, although I cannot see this being the cause. Our loader will leak down from top to bottom in 3 minutes with only a drawbar, but still readily lift an incredibly heavy soil aerator. The draft control might need some attention - it could just be as though the draft lever is not fully raised, causing it to only apply a light lifting effort. Try removing the sliding spring-loaded screw from the lever and gently move it further "up" - beyond the end of its normal travel limit.
Looking for leaks is one of the next things I would do - although it may be an idea (quicker, easier & less messy) to remove the small cap and standpipe just to inspect those seals. Also check they fit well and snugly-enough to seal. I recall a smear of grease on seals and in bores, inserting the pipe in the cap and lowering them, carefully "stepping" the lower end of the pipe around a bit to find the pump outlet - I think I remember it being tapered at the top. A friend prefers to insert the pipe in the pump first, position the cap over it and a small wriggle will convince it to slip into place.
Patience is the key - finesse, not force! I have to repair another friend's 35 with the same symptoms as yours currently has. Let me know what you findout (or fix), I'll keep you posted on what I find as well.
You're a couple of years ahead of me, doing the same sort of restoration/rejuvenation work I intend with the machines here - our "trio". Ours as well will still "have their workwear available" as does yours.
Could you please help me with a bit of info? What are the approximate lengths of your tractor's lower lift arms, also the link rods down to them from the hydraulic plate? Measuring between bolt/link hole centres may be best option.
Our loader is a MF40, appears to have been a loader from new, based on an industrial machine but equipped with 3PL and PTO. The back end, both axle assemblies and wheel/tyre sizes appear to be the same as your tractor has, but with much more heavily-cast rear wheel centres and rims bolted to them. The best description is to say it has the same 3cyl Perkins, 3x2 gearbox, hydraulic plate and rear end housing as our 135, but uprated axles with hub reduction and power steering, double-disc dry brakes, wheels & tyres and industrial-styled bonnet. The loader is very well-built - the main rails bolt to the rear axle, lift arms have been pressed to stiffen and strengthen them and attach to a strong cast radiator housing which mounts on the front axle - very impressive IMHO. The bucket is a serious size as well - 66"x18"x18" (3/4 cu yd). TractorData quotes a weight of 5085lbs - results in a very stable machine. Pedals, levers, gauges, 3PL quadrant etc however are all the same as a
35.
I have no idea at all what POs have done, but the lower lift arms and lift link rods are the same length as a MF35. This results in the arms lifting quite a bit higher than normal, but lowering only to about 13" from the ground, whereas the 135 will go a lot lower - to within about 3". The problem is that a lot of implements designed for agricultural machines rely on that lower range of travel. Good examples are our slasher doesn't rest on the ground, and our post-hole digger will only dig about 15" deep, instead of around 36". I believe longer lifting links may be sufficient, but longer lower arms as well may also be necessary.
Many thanks for any assistance you can give me.