Alright so I bought the Baldor.
The story is kind of funny, because I have been shopping for weeks for a block motor 397. After so long of not seeing anything on the craigslist, I was absentmindedly scoffing at an overpriced ad for a little giant ladder when I saw the f*in grinder in the background of the photo. Called dude, told him he wants too much for the ladder but I'd buy the grinder, he said cool, I drove down there and saw the baldor once I got there.
In the end he took 50 for the baldor but wanted $100 for the craftsman (my prediction in OP was a little off). He tried to let me take it for 75, but at that point I had already loaded the baldor so I didn't happen to need a bench grinder, I already owned one. I told him to sit on it for a while and if he ever wanted to take $50.00 for it to call me. Was it too stubborn?
Anyway. Here's the grinder I bought. I've restored plenty of tools before so I have a mind to take this thing all down, electro bath and blast it, paint and clear it and try Baldor to see if I can't buy another collar for it. I'm brand new to this antique bench grinder racket though so hopefully you guys can take a look and tell me: my new Baldor: Done good or dun' goofed?
I've already got a cloth covered 3 prong on the way from sundial for it. What else should this require, and I'm open to suggestions on painting it. That's if I didn't happen to give $50.00 for a piece of junk you guys just tell me to throw out.
Thanx, GJ!