So happy for you that you'll be using the old 301.
I recently bought on ebay a 201-2 because that's what Mom had in the art deco cabinet I've inherited from her.
In checking both, I'd have purchased a 301 if it weren't for the fact that I wanted to replicate the machine Mom used all the while I was growing up. I'll be happy with the 201-2, and I'm betting you'll love your 301. So good you didn't get rid of it!