I would repectfully disagree with the previous poster. I do this based on how well our 4600 has performed. The 4720 is built even sturdier than the 4600. It was also beefed up to accomodate the increased pto hp. I have driven the 4720 and it pulled everything great. Over the years when we have needed another tractor I have baled probably 3000 bales of hay with the 4600. It has over 2000 hard, hard hours on it and it is still holding up great. Knock on wood no major repairs. Yes the backpressure is hard on a tractor but I really think the 4720 would be up to the task for a small operation. The hydro is EXCELLENT for baling hay, lets you creep along or go faster, you can easily control the input of hay. I also have to disagree about going as fast as you can. We have a 348 high capacity and if you go too fast you will clog it. And yes a 328 or 338 would be better but if you already have a 348 I wouldn't go trade it. In my opinion the only shortcoming of the 4720 is going to be pulling a hay wagon. But just going out and baling on the ground I would put my money on the 4720 putting up as much hay as you wanted to do. Just do single windrows, bale the hay on the ground, and I just don't see a problem. If you were a major operation doing 100,000 squares a year no way, but a small operation doing a thousand or two squares it should be fine.