I had been watching a couple of other drum sanders on Craig's List for some time (I've been coveting Larry's in my dreams ) then this one popped up. At $400 it was too good to pass up - that's less 40% of the cost of new - and it is in great shape. Tried it out on some scrap and it seems to work fine. I'll test a few more pieces, check for parallelism, and then put it to work.
Sure wish I had a little more room.