Keep your singer for the freearm and various stitches. Have you considered a high speed straight stitch machine? I bought a Juki TL 2010Q three months ago and it is amazing...$900. I have yet to learn to FMQ. It has most of the features you want. Two other machines comparable to this are the Janome 1600p and the Brother 1500s. Just something else you might want to consider for a lot less cost. I myself did not want computerized or tons of stitches. I didi most of my research on this board. I love my Juki.