OK, Mark, get ready to be shoved! I have NEVER needed 4 wd on either of my tractors. I've had the Fergie for over a year, and done everything from brush hogging to manure spreading and almost anything you can think of with it. My property is very hilly, little of it is completely flat, and I am now involved with my neighbors in farming another 50 acres. The Fergie does not have power steering, and does not need it. My friend, who I am farming with has a 62 hp Belarius with power steering. He frequently borrows my Fergie because it's easier to steer and makes tighter turns. If you get a Ferguson or Ford "N" series, don't worry about the power steering, you won't need it. My Oliver is much larger, it also has 62 hp, as compared to the Ferguson's 25. The Oliver has power steering, and handles beautifully, but since it's so big it does need it.
As far as getting a Farmall Cub, be careful with that. Remember it doesn't have a 3 point hitch, unless one was added later, so getting implements can be hard. But there are kits to convert to a 3ph.
I have NEVER regreted my decision to go vintage. I spent $3200 for the Ferguson (with a 3ph snowblower) and $5000 for the Oliver. That's far less than anything new would cost for one tiny tractor. As far as maintenance, I have had very few problems. Most I can handle myself (and I'm no mechanic) and I have a local independent tractor mechanic who is very reasonable for anything else. When I got the Oliver at an auction, I knew there were some steering problems. The dealer who was auctioning it promised to get me all parts to repair it for free (he lived up to his promise), and my mechanic overhauled everything including the steering for a few hundred dollars, so now it's in tip top shape.
If you have any questions on vintage tractors don't hesitate to ask me! If you don't want to post them, my e-mail is
rbz01@health.state.ny.us.
Good luck, and go vintage!!!
Did I shove you enough??/w3tcompact/icons/laugh.gif