We had a red belly for years on a farm I worked on. It was always a good tractor, and everything I"ve heard is that the black bellys are the better ones to have.
If I remember right the black belly has a side console shifter, which is alot nicer for getting in and out of the tractor. Those cabs are kinda tight if you are a bigger guy, and having that shft lever between your legs is kindof a pain. Alot of them still around tho, so that is a good sign.
Someone else can give you better advice about the particulars of motor,trans,rearend stuff, but if I were looking for a tractor in that size range, I wouldnt be afraid of one.
Only thing is, if you were looking for a 1086, you gotta be giving up a few ponies going to a 7000. But, you know what you can get by with and what you are using it for. Good luck BW
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Today's Featured Article - New Life for an Old Allis - by Tyler Woods. My friend Jon, has an old '39 Allis Chalmers B. He thought it a marginal tractor that had long since served its time. She smoked terribly and never had much power but he couldn't afford another so he was limping along with what he had. Jon's Allis has a small front loader and though it doesn't carry much, it serves his needs. It was the hard starting and low power that made him think it was time to replace the old girl. Jon called me to help him discover why his tractor wouldn't start
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