Depends - how long has it been since it was rebuilt? How good is "running pretty good"? If you have the engine torn down, go ahead and do a rebuild. Better now then having to do it all again in the near future. If you do most of the work (depending on what it needs) - it won't cost near $1500, and the tractor is worth more then that, just to have it running in tip-top shape.
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Today's Featured Article - A City Guy's First Tractor - by Fred Hambrecht. After living in apartments in Atlanta for more years than I care to remember, the wife and I decided to move to the country. Humming "Green Acres is the place for me..." we purchased a 29 acre tract about 60 miles south of Atlanta. Next came the house, I could talk about that ordeal for another two weeks... But, I want to talk about my tractor! We didn't even own a lawnmower, and all of a sudden we had enough grass to feed all the starving children of the bovine world. Naturally, I talked
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