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I owned a 261 and currently own a 461 (also have three smaller Echo saws 50cc and under, and a Husky 562XP @ 60cc).
Go play with a 461 at the dealer before you decide "on paper" that it's the saw for you. It's a big beefy saw and you mentioned age several times, which tells me you are sensibly aware of your limits and factors like fatigue. While I love my 461 and it goes through the biggest wood like a hot knife through butter, it is not a saw everyone can handle for extended use. It's a beast.
Will trial MS 461 at the Stihl dealer either tomorrow or next week.
I forecast MS 261 75% usage, MS 461 25% usage during 2018.
If you do decide the 461 is right for you, spend a little more and get one of Stihl's ES light bars. They make a huge difference in both weight and balance, and both of those factor into usability, comfort, and fatigue.
New information to me. Thank you.
I normally use a 20" standard bar on my 461. But I also have a 28" ES Light bar, which is roughly the same weight as that standard 20" bar, and doesn't alter the balance of the saw in a negative way. Worst thing you can do to a big saw is put a long bar on it that makes the saw too nose heavy. That makes the saw awkward to use, and will fatigue the user. So ES Light bars are very beneficial on a big saw like the 461.
Two saws, one bar for each saw; that is all the complexity I can stand and all the room I have in my RTV500 Utility Vehicle. I realize, reluctantly, that I will have to shuffle in/out my 1 gallon sprayer, propane torch and fire shovel to accommodate the longer saw.
Here's a pic showing the 28" ES Light bar on my 461. At age 48 the saw doesn't really wear me out, but when I switch to a 50cc or 60cc saw, I am reminded how much more nimble they are and how much more cumbersome the 461 is. Until you have worked with a saw of this size for a while, you won't really understand. The 461 has intoxicating power and capability for big wood, but it's not the saw I want to use all the time or even most of the time.
I forecast MS 261 75% usage, MS 461 25% usage during 2018.
Even on the largest tree trunks I have to deal with, I should not have to make more than six cuts with the new saw, before reaching a reduced trunk diameter where I can use the MS 261.
At age 70, retired, when I get tired, I stop.
I avoid over-doing it.