There is nothing in that machine, other than the power board (which is full of replaceable capacitors and resistors), that cannot be replaced with new parts. There are literally hundreds of thousands of this range of machine out there and a thriving market in parts. I just rebuilt one, including replacing the camstack and nylon gears and rebuilding the power board and my total cost for parts was under $150. eBay and places such as sewingpartsonline.com have all the parts but the board. My time invested was less than 5 hours and my 1222E is good as new, so the price quoted is more than suspect.
This machine is one of my three favorite early modern machines, along with the Bernina Record 830 and Husquvarna Viking 6010. Any of these three are far better machines than new machines costing north of $3k. And even with a broken camstack, straight stitch and zig-zag as well as the IDT (originally called the Pattern Matcher) will continue to work just fine.
Last edited by Tom W; 08-27-2016 at 09:37 PM.