[Seahawk]

I have three MF tractors. an older 240 and two CG200s, which I mow pastures, seed and do light bucket work with. My rational for the new MFs was service...I would have bought a Kutota given the price and performance deals available, but no dealers are within 70 miles. Plus the old tractor runs great and I have a boat load of accessories I've picked up over the years and refurbished. All have three point hitches of varying capability.
A friend of mine in Arkansas just bought a complete Kubota package that included trailer, bucker loader, backhoe and mid mound mower deck for less than 20k. Very tough to beat given the fact that the diesel motors are bullet proof and the accessories top notch.
My experience has been, has I'm sure yours has been given the age of your Farmall, is that routine maintenance is key.
BTW, the new hydraulic tractors are incredibily easy to use.
Enjoy.