1000 dollars is a good price.
Many skilled machinist made great parts on round ram machines. The round ram will move if the machinist takes a heavy interrupted cut, not everytime but sometimes.
A hobbiest could really enjoy that machine, it's easy to point out the short comings of any machine, facility, person but look at it positively.
There is a machine that could have a dovetail ram installed on it, could have a different quill or head installed on it and other components.
Easy to find parts and troubleshooting help.