I bought this machine 9 years ago for $6000 and a husky serger was also included. I went to all the classes as the embroidery part is rather difficult to self teach from the manual. When they had a 30%sale I also bought the digitizing programs ( a total waste of money) and most of the hoops.The floppies are definately yesterday's technology and the kid at the computer store thought it was hysterical when we wanted this capability when we "built" our computer. At first I embroidered everything that stood still but that got old fast. While still under warranty a gear in the embrioidery unit came off and ruined my friend's new bouse on which I was embroidering. After I bought my Janome 6500 with the larger sewing bed I find that I only use this machine for embroidery. I bought the quilting embroiderery hoop and use it for quilting my children's charity quilts. I had to pay $35 to have my unit modified to accomodate this hoop. I definately underuse this machine. If I were you I would insist on proof that this machine had been checked out by a reputable serviceman and I would put it through it's paces before purchase. I think the $700 is a reasonable price.