If you have a singer 401 you have a great machine. these are great for quilting. a used one is worth about 200. Here is a link to a site where everyone is a slant needle machine owner. I also have a 401.,it is a work horse and I just love it
http://groups.yahoo.com/group/singerslantsewing/
Welcome to this site, a great place to meet friend and have your every ques answered R :D