The 301 is a short bed black. I wish I could get both! My husband is out of a job and we really can't afford even one of them but it's hard to see the 500 go for that price with the cabinet and chair. I found a 403A a couple weeks ago with the original cabinet for $60. It was a bit scuffed up but with some oiling in runs like a champ. Just not sure I really need another bigger machine. My wish list is really for two 1964 Featherweights to give to my granddaughters. I have my own that I got when I was 11, which will go to my oldest granddaughter. Now I really need to find two more. Those are really what I want.