I have an old Oreck and I wouldn't recommend buy another. I have one of the older models and you have to remember to turn off the steam every time you place it back on the cradle. This is a pain to remember and if you don't remember you take the chance of burning out the cradle. If you are doing a lot of ironing you have to wait for the iron to reheat every time. It is just a matter of a couple of seconds or so, but when you are ironing a big piece of fabric you want to be able to keep going and not have to wait for the little mini breaks the iron seems to need to keep going.
I also had a cord minder once and I seemed to be too ditzy to use it right. I was always tangled up some how and I could never figure out why that was. So until my Oreck stops working, I'll just use that one.