http://fargo.craigslist.org/tls/3915400393.html I have first shot at this will be going to see it Monday. Any info would be great.
If that machine is in good shape it would be a real sweet machine. Like Ray said, it requires a lot power. I don't know what it weighs but I would guess you would be pushing 2 tons. What I find, at least in my area (northern IL), an older machine that size is tough to sell. Every area is different. I've seen the scrappers buy a lot of them at auctions I've attended. It's a shame, but if nobody wants to bid, they end up in the scrap hopper. You should be able to work on the price if you decide you want to buy it.
Chuck
The ad says it has a single-phase motor.
Have a good look at the ways up close to the chuck and evaluate the wear pattern compared to the rest of the bed. Also look for blatant damage like dropped chucks and tools marring the ways. Listen to it run and it should not make a lot of whining and clattering noises. Try to get a look at the lube inside the cases if you can. look for chips and excess particles. Depending on the maintenance it received the oil should be clean and potentially clear. Smell it to see if it has been overheated. The oil will tell you quite a bit. Then look for damage like cracks and welds just to make sure it hasn't been dropped or damaged while moving. That should give you quite a bit of info and help you make a sound decision on whether it is solid or needs to be rebuilt. needing a rebuild just affects the price depending on whether you feel up to doing it or not. As long as it has no major glaring issues I would make arrangements to take it home once we negotiated a price based on overall condition. Richard is the fellow to talk to about the time and cost involved in scraping and repairing the ways and bed. Hope this helps make the decision a little easier.
Bob