Congratulations on your new mill, looks like you got a good one. I'm Always a big fan of variable speed on the head. I've ran a lot of the j heads and m heads with belts . Way to much trouble changing them at last now that I'm old , have no time for belts .
Your doing a good job right from the start get her fixed up now , later you may never do it. I always figured if it ain't broke don't fix it . Well it's easier when you first get the machine . Paint job looks really great bondo and sanding makes the job .