Rodney,
SEWMOR did both the 99K-10 clone and one that matches this Raico one. You're right though, that Raico looks like it was designed by a committee. All I really know about it is that it sews really good.
Sewmor 303:
[ATTACH=CONFIG]537639[/ATTACH]
99K-10 clone
SEWMOR 505:
[ATTACH=CONFIG]537640[/ATTACH]
Sewmor version of the Raico I posted about
Joe