I'll add my thoughts as well.. I used to own a Millermatic 135, the predecessor to the 140. Great little machine, nothing I welded with it has ever come apart, including lots of 1/4" and 5/16" plate. Probably some 3/8" in there as well, although it's been long enough that I can't remember now. I swapped it for a Millermatic 180 about 5 years ago, then added an old Sears AC/DC stick to the welding stable after that.
I'll agree that some of the welds do look a little "cold", although I think we're looking at the top layer of several passes. My experience, which is limited compared to some of you, has been that the initial passes are hot enough to get good fusion between the two actual workpieces, but the subsequent passes with a light machine just lay on top of the previous welds and don't do much other than add window dressing to the job. My gut instincts are that the 140 doesn't have the power to burn the top passes deeply into the base pass to get that concave profile that is the holy grail of welding. That doesn't mean the base pass wasn't good or strong enough to safely do the job.
So I think the real question we're asking is, are the initial passes hot enough and deep enough to hold the job together? Probably, it's hard to tell at this point after the grinding has been finished.
Having said all this, most of my farm welds now are done with the AC/DC stick machine. The reasons for that are varied, first being that I tend to get less spatter with a stick, and the stick machine is quicker and easier to set up and weld with than the MIG. Are the welds stronger? Maybe.. without the ability to do destructive testing in any meaningful way, we can't see the job in depth. The only way to truly test a job such as this is to measure how much force it typically takes to rip the hooks off the bucket lip. If that exceeds the safety margin we expect to see for the intended use of the hooks, then the job is successful in my opinion. Obviously it's not practical to do that to every job, otherwise we'd never get anything done.
Something else to keep in mind is how much weight can the loader lift? My Kubota is limited to about 1100-1200 lbs, or 600 lbs per hook, I'm thinking the 4310 JD is a bit more.
So, where are the pitfalls and holes in my line of thinking?
Sean