I drive a 1974 Porsche, so naturally a 1978 MF is a perfect match. I grade, run a 5 foot bush hog, haul stuff, pull logs out of the woods. I can get myself into all sorts of trouble with this machine. It's 40 hp +/-, and I've had it for over 25 years, plus after a long winter's nap it has never required more than two revolutions of the motor before it starts.
I have 133 acres, mostly wooded. Diesel, live PTO, hydraulics all work for me. I don't 'need' it (I could hire people to do sundry jobs around here), but it's fun to use. Burns about 1 gallon per hour when running full tilt.