How much is the three point log splitter and how many tons is it? I'm about to buy the Troy Bilt 27 ton gas log splitter at Lowes for $1,400 with the Honda engine. My brother has this splitter and it's easy to start and does a great job. What I like the most about it is that I can pull it to where the log is, cut it up, split it there and keep the mess out in the woods, then haul the split wood back.
http://www.lowes.com/pd_116418-270-24CF572B711_0__?productId=3806693&cm_mmc=SCE_PLA-_-OutdoorPowerEquipment-_-LogSplitters-_-3806693&CAWELAID=1524980030&kpid=3806693&"cagpspn=pla"
If I had a splitter on the back of my tractor, I think I would hate hooking it up. I keep my mower attached to my tractor most of the time and dealing with changing implements would just add a lot more work to the whole process of cutting firewood.
Eddie