JCorr1975,
It is amazing how much abuse and neglect these tools can take and still be brought back to life. Clean up the rust on those Way Tubes and other parts to make it functional again. If you decide to do a complete restoration to make it "like new" great, if not it will still be a good usable tool. You can always go back later and do more restoration work if you desire. Below is a pair of Way Tubes I took a "before and after" picture of. They both cleaned up very nice. These were not the worst set I have had that still "cleaned up" nicely. You can do the same with the 2 Table Rods (posts) to make them shiny again too.
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When removing rust and other foreign matter it is important not to remove any of the base metal. Use a good rust remover followed by polishing the tubes. Johnsons original formula Paste Wax or similar will help protect the bare metal parts and provide lubrication to keep those parts, like the Headstock and Carriage, moving smoothly on the way tubes. The same goes for other bare metal parts.
If you need any help, just ask.
It is interesting it came with a Shopsmith Bandsaw. Since it is dacades newer than the Model 10ER I have to wonder it a previous owner had it to use on a Mark V. There are options as to what to do with it. You can try to find the Power Mount Adapter parts with the special Headstock Pulley and use it on your Model 10ER. You could look for a Power Station to run it on or get a new (from Shopsmith) or used SPT stand with motor to run it on. There is the option of gettng a Mark series tool to use it on. You could sell it and likely get your investment or more back on it. I would not recommend selling it if you ever think you may want to have a Bandsaw. It would be hard to get another one for the price you paid for it. $100 for just the Model 10ER was a good deal.
Lastly did you get an Owner's Guide (manual) with it?
