I just bought a Janome 350E, used and I love it. I think I paid about $600 in Poland. I have the possibilities of up to 5x7 and I am so happy that I can do that. I think that you will soon tire of only 4x4 since so many of the really neat designs are bigger than that. I'd probably steer clear of such a small one--keeping your eyes open for another used one but one that will a bigger picture without having to move all the hoop.