I hate to be picky but I think the high mounted bobbin winder makes that a 127. I have a 1900 27 spinx myself and I love it, mine was free though my decals are about like yours the cabinet was toast. I would love to know where you are finding 201's Cheap Mike they are going for around 100 bucks any time I find one ( and then I have to ship it !)
I will agree that the Shuttle machine are not quite as friendly to get to know they are really no problem to use once you get used to them. I quite enjoy them in fact. if it is a friend and you want it and are ok with the price that is up to you... no it is not a screaming deal, but if you are not in the biz of flipping them there are other considerations than just the price. as was mentioned though that cabinet will hold a lot of other singers... and once you have one... they seem to multiply .....