This machine is well worth saving. Mine was full of jammed threads, just like that. Got over 10 yards of black thread from the flywheel of all places. Just take your time. Use top quality sewing machine oil and grease. Polish away. Oh yes, you can buy parts and needed supplies from Sew-Classic.com in Ohio. Jenny is very helpful and she has most parts which they ship fast. It I a very pretty machine. I procured long bobbins on line also. Prefer the new ones because of the rust on older ones. Round cases sell for over $40 for ones in such nice shape. You did very well and saved an old soldier