I am considering buying a Model 60 Powermatic 8" Jointer. The SN shows it was made in 66. The beds/fence are flat and in good condition. Most likely I would need to get a new motor for it because I believe it has a three phase motor right now. I've got a line on where I can get a quality 1.5 hp 1 phase motor for approx. $150. The fence and other moving parts are rust free and tight, but move smoothly. I may do bearings now, and a Shelix later. I will have to pay a couple hundred dollars shipping/delivery because I just had back surgery and am on lifting restriction right now. I can get it for $645 at this point and may be able to negotiate a little lower.
Question #1: Do you guys believe this is a good price?
Question #2: Do you this a 1.5 hp motor is enough? I never make heavy cuts while face jointing and don't use extremely hard exotics.
Thanks
Ben