This is more in line what I was thinking about. I still do not see more then $3000 in it, and other than the bucket curl cylinder being too short, it is a lot more capable then my Wallenstein Log Loader Backhoe because it can go deeper. The video also shows how two wheel towable machines can be moved on their own power.
Don't get me wrong, this is no Hitachi 1200, but for the money, and ease of build, I think its a very decent machine. I think if someone spent $3000 building it, they would be happy versus that of having a spade and pick axe.
unless you can swap the outriggers with the tires, it is not tow-able. there would be negative weight on the ball.
It also appears to be in desperate need of some reinforcement around the main "'elbow" pin